Summary：ITC Hotels Posts Strong Q1 Profit Surge, Net Income Jumps 36%**Introduction** ITC Hotels announced

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ITC Hotels Posts Strong Q1 Profit Surge, Net Income Jumps 36%

**Introduction**
ITC Hotels announced a robust start to the fiscal year, posting a 36% increase in net profit for the first quarter to ₹181.91 crore. The hotel arm of the diversified ITC conglomerate also revealed the acquisition of GHK Hospitality for ₹155 crore, signalling a strategic push to expand its footprint in the premium‑leisure segment. The results come amid a broader rebound in domestic and international travel, positioning the company to capitalize on renewed consumer confidence.

**Key Developments**
The Q1 profit jump was driven by higher occupancy rates across ITC’s luxury and business hotels, coupled with improved food‑and‑beverage revenues. Average room rates rose approximately 8% year‑on‑year, while revenue per available room (RevPAR) climbed to pre‑pandemic levels in key metros such as Delhi, Mumbai and Bengaluru. Simultaneously, the board approved the purchase of GHK Hospitality, which operates a boutique chain of resorts in Goa and Kerala. The deal adds roughly 1,200 keys to ITC’s inventory and provides immediate access to high‑margin leisure destinations that have seen strong demand from both domestic tourists and returning international visitors.

**Industry Analysis**
India’s hospitality sector is experiencing a V‑shaped recovery, with the Ministry of Tourism reporting a 22% rise in foreign tourist arrivals during the same quarter. Analysts attribute the uptick to eased travel restrictions, successful vaccination campaigns, and a pent‑up desire for experiential stays. ITC’s focus on sustainability—evident in its LEED‑certified