ITC Hotels eyes Dubai to revive what missiles hurt
ITC Hotels is exploring potential luxury and premium hotel ventures in Dubai as the company aims to boost tourism and business activity following the ongoing US-Iran conflict. Managing director Anil Chadha revealed that the firm is evaluating multiple opportunities, primarily focusing on the Middle East and proximal international markets.
ITC Hotels currently operates in Sri Lanka and plans to open a hotel in Nepal shortly. Despite the decline in tourist flows to West Asia due to the ongoing conflict, the company sees growth potential once hostilities cease and travel demand rebounds.
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