Top 10 Hotels in India 2015

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6. India Tourism Development Corporation

The Indian Tourism Development Corporation (ITDC) was established in the year 1966 by the Government of India under the Ministry of Tourism.

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ITDC has been the prime mover in the progressive development, expansion and promotion of tourism in India. ITDC in hospitality business is incorporated by the Ashok Group of Hotel brands across India.

ITDC owns 17 properties across the country in locations like Ranchi, Puri, Itanagar, Bhopal, Pondicherry, Delhi, Guwahati, etc. The shareholding of the promoter i.e. ITDC to the co-promoters i.e. the respective state government is in the ratio of 51:49. The Hotels are ranged from 5-star rating to 1-star rating to cater the various economic segments of people. The hotels are also segmented based on categories i.e. Heritage Grand, Heritage Classic and Heritage Basic.

ITDC along with its hospitality business continues to expand in its servicing and transport facility and provide entertainment and duty free shopping options to the tourists. The ITDC has diversified itself to accommodate the Full-Fledged Money Changer (FFMC) services and consultancy services. The Ashok Institute of Hospitality and Tourism Management imparts training and education services in the field of hospitality and tourism.

The ITDC group has aimed to provide hospitality services so as to align parallel with the tourism of India. The hotels are situated in the heritage locations of the country and are categorized to cater all the segments of society. With its continued growth and expansion plans and increasing affiliations, ITDC aims to continue to be one of the top Hotel chains in the country.

Net Sales: Rs. 438.26 crores

Market Capitalisation: Rs. 1642.48 crores

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