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Investor Presentaiton

ITC Hotels Investment-led Growth phase: 2003 to 2017 . Prior to 2004, ownership of Hotels Business was split between ITC Ltd. and ITC Hotels Ltd. & its subsidiaries ITC Hotels Ltd. (separate listed entity) & Ansal Hotels Ltd. merged with ITC Ltd. wef. 1st April, 2004 Consolidation of the Hotels Business under ITC Ltd. Scaling up the Business in line with attractive growth prospects of Indian Travel & Tourism industry Obtaining fiscal efficiencies & rationalization of operating costs ITC Maratha (2001) 2000's ITC Sonar (2003) ITC Grand Central (2005) ITC Gardenia (2009) 2010's ITC Grand Chola (2012) WH Bengaluru (2014) ITC Grand Bharat (2014) WH Coimbatore (2017) ITC Kohenur (2018) 2020's ITC Grand Goa (2018) ITC Royal Bengal (2019) WH Amritsar (2019) TC Enduring Value WH Bhubaneswar (2021) WH Guntur (2021) ITC Narmada (2022) ITC Ratnadipa (WIP) 151
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