ITC Hotels Limited has announced the signing of definitive agreements with DSR Hospitality Services to manage two new hotels in Nellore and Hyderabad under its Welcomhotel by ITC Hotels brand. This expansion will increase ITC Hotels’ presence in Andhra Pradesh and Telangana. The Welcomhotel by ITC Hotels Hyderabad Panjagutta will feature 117 rooms and over 800 square meters of meeting space, while the Welcomhotel by ITC Hotels Nellore will have 127 rooms and over 2600 square meters of meeting space.
Anil Chadha, Managing Director of ITC Hotels Limited, expressed his happiness about the partnership with DSR Hospitality Services, stating that it aligns with their vision of strategic growth into new cities and strengthens their presence across India. D Sudhakar Reddy, Managing Partner of DSR Hospitality Services, also commented on the occasion, saying that they are delighted to announce their alliance with ITC Hotels for the development of their upcoming properties in Hyderabad and Nellore.
The partners of DSR Hospitality Services, D. Prabhakar Reddy and D. Raghurami Reddy, added that these projects are significant for their company, and they look forward to a successful collaboration with ITC Hotels. They believe that ITC Hotels, with its rich legacy and proven expertise, is uniquely positioned to deliver personalized and exceptional service excellence to both destinations. The partnership aims to bring world-class developments to the region, contributing to its growth.
The expansion of Welcomhotel by ITC Hotels is a result of the company’s asset-right strategy, which involves associating with hotel developers for new management opportunities. This strategy has enabled the brand to grow and increase its visibility across India. With these two new additions, ITC Hotels Limited is set to strengthen its presence in Andhra Pradesh and Telangana, offering high-quality hospitality and food and beverage experiences to guests in the region.