ITC Hotels reports record Q1 FY26 Revenue and Profits
ITC Hotels posted its highest-ever first-quarter performance in Q1 FY26, with standalone revenue rising 20% to ₹783 crore and PAT up 47% at ₹150 crore. Consolidated revenue stood at ₹860 crore with a 53% jump in PAT at ₹134 crore, despite May 2025 disruptions. The portfolio now includes 200+ hotels, with 55 signings and 25 openings in the past 24 months. ITC also refreshed its ‘Club ITC’ loyalty program and was ranked #5 by ‘Great Place to Work’ India.
Go Asia appoints Global India Reps as exclusive India Partner
Go Asia, a leading Philippines-based DMC, has announced its exclusive partnership with Global India Reps to represent its services in the Indian B2B travel market. Through this strategic collaboration, Go Asia aims to offer curated travel experiences, seamless ground operations, and specialized services across leisure, MICE, honeymoon, and group travel segments. The move marks Go Asia’s official entry into India.
Al Habtoor Palace launches ‘The Palace Journey’
Al Habtoor Palace has unveiled “The Palace Journey”, an exclusive multi-destination luxury offers connecting its iconic properties in Dubai and Budapest. Guests booking a minimum two-night stay in a suite at either location will receive a complimentary night at the sister property, blending Middle Eastern opulence with European grandeur. Designed for high-end travellers, the initiative showcases Al Habtoor Palace’s signature hospitality.
Cheval Collection achieves Silver Green Tourism Certification for all London and Dubai Residences
Cheval Collection, the luxury serviced-apartment operator, has achieved Silver certification under the Green Tourism program across all its London and Dubai properties. This milestone builds on last year’s Bronze recognition and highlights Cheval’s strong ESG commitment. The group has implemented key sustainability initiatives including eliminating single-use plastics, installing grey-water systems, upgrading heating and lighting, and adding EV chargers.
#First Opinion
“The signing of The Fern Habitat, Jaipur is in line with our vision of delivering thoughtfully designed experiences in key destinations across India. The property will feature 175 thoughtfully designed rooms including a mix of studio suites, spacious 1/2/3 BHKs and individual rooms. This configuration is ideal for both short stays and extended visits, appealing to families, corporate travellers and long-stay guests. Jaipur, with its historical charm and expanding economic activity, is a strategic destination in our portfolio. This property reaffirms our commitment to offering sustainable and high-quality hospitality across the country.”
Suhail Kannampilly,
Managing Director, The Fern Hotels & Resorts
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