ITC Hotel Group Expands with New Resorts in Rajasthan

ITC Hotel Group has signed two new resorts under Brand Storii in Jaipur and Jawai, slated to open in early 2025. With the addition of these properties, Brand Storii now has three locations in Rajasthan. This expansion is part of ITC’s asset-right strategy aimed at enhancing their portfolio.


PTI | New Delhi | Updated: 20-06-2024 17:13 IST | Created: 20-06-2024 17:13 IST
ITC Hotel Group Expands with New Resorts in Rajasthan
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ITC Hotel Group announced on Thursday the signing of two new resorts in Rajasthan under its Brand Storii. These resorts, located in Jaipur and Jawai, are expected to open in early 2025. This move follows the recent signing of Storii Jaisalmer, bringing the total number of Brand Storii properties in Rajasthan to three.

"With these signings, the chain's portfolio of managed properties continues its high growth trajectory through the asset-right strategy," stated ITC. The asset-right model focuses on owning and managing properties for others, as well as adding incremental rooms to expand their offerings.

"The location of the two resorts is perfect for travelers who want to experience the destination and explore culture reminiscent of a glorious heritage," said Anil Chadha, Chief Executive Officer of ITC Hotels. Storii Jawai, less than a two-hour drive from Udaipur, will feature 15 rooms and suites with private open areas and additional amenities.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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