India’s ITC has released the information that they are looking for a hotel partnership to spend $2 billion in hotels business over a period of 5 years.

The firm ITC Ltd isn’t interested in big hotel chains, they are seeking small hotels to partner with them to expand. It was at the ITC’s annual shareholders meeting where Y.C. Deveshwar commented about partnering with small hotels:”It could be a strategic partnership which could have a common branding exercise and marketing under a common umbrella.”

The company is planning to keep investing money on the hotels that they’ve already owned.

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