ITC Hotels Posts ₹181.91 Cr Profit and Acquires GHK Hospitality in Ahmedabad
ITC Hotels reported a 36% net profit rise to ₹181.91 crore in Q1 FY27 and acquired 100% stake in GHK Hospitality. The deal includes Welcomhotel Ahmedabad, a 130-room property in the city's commercial hub.
Melia Hotels Stock Steady on Earnings Recovery from Tourism Revival
Shares of Melia Hotels traded steadily in 2026, reflecting improved revenue and profit amid tourism recovery. The company reported several billion euros in revenue and a return to positive net profit driven by leisure travel and operational efficiencies.
ITC Hotels Posts 36% Q1 Profit Rise, Acquires GHK Hospitality’s Ahmedabad Hotel
ITC Hotels reported a 36% rise in Q1 FY27 net profit to ₹181.91 crore and signed an agreement to acquire full ownership of GHK Hospitality and Infrastructures Ltd. The acquisition includes Welcomhotel Ahmedabad, a 130-room property valued at Rs 155 crore.
Mangia’s Sardinia Resort Joins Marriott’s Autograph Collection
Mangia’s Sardinia Resort has joined Marriott International’s Autograph Collection Hotels. This move marks a new phase in the resort's international development strategy.
BWH Hotels GB Expands with Three New UK Hotels Adding 100 Bedrooms
BWH Hotels GB has added three independent hotels in the UK, increasing its bedroom capacity by approximately 100. The expansion includes Forest Lodge Hotel in New Forest, Best Western Chiswick Rooms in London, and Sure Hotel Newark near Newark Castle.
ITC Hotels Posts 36% Profit Growth, Acquires Welcomhotel Ahmedabad
ITC Hotels Ltd posted a 36% profit increase to ₹181.91 crore in Q1 FY27 and agreed to acquire GHK Hospitality's Welcomhotel Ahmedabad. The 130-room hotel acquisition supports ITC's expansion in Gujarat.
BWH Hotels GB Expands UK Portfolio with New Forest, London, and Newark Hotels
BWH Hotels GB has added three independent hotels in New Forest, London, and Newark, contributing approximately 100 new bedrooms. This brings nearly 300 new rooms added to its UK portfolio in the last year.
Hilton Launches Hilton Chania Old Town Resort & Spa in Greece
Hilton has opened the Hilton Chania Old Town Resort & Spa in Crete, Greece, featuring 85 rooms near Chania Old Town. The property includes a rooftop infinity pool, L’Occitane spa, multiple dining options, and event spaces.
Hilton Opens First Flagship Resort & Spa in Chania’s Old Town
Hilton opened the Hilton Chania Old Town Resort & Spa on July 13, 2026, its first flagship in Chania. The 85-room resort features a rooftop infinity pool, L’Occitane Spa, diverse dining, and event spaces.
Talaat Moustafa Group Plans Major Hotel Expansion to 35-40 Properties
Talaat Moustafa Group will nearly double its hotel portfolio to 35-40 properties within ten years. It acquired a controlling stake in Legacy Hospitality in a deal worth up to $800 million.
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