On the fast track: ITC Hotels opens 24 properties in 2 years; to foray abroad

Indian hospitality biggie — ITC Hotels — is set to have properties abroad, after Taj and Oberoi. The chain will be making its international debut with ITC Ratnadipa in Colombo. ITC Hotels, which will soon be hived off from the parent company, plans to have multiple hotels in destinations near India. Its “asset right” strategy of having a bigger management portfolio has helped it open 24 properties in the last 24 months.