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ITC Hotels expands footprint with 2 new properties
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Tuesday, 25 August, 2026, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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ITC Hotels Ltd has signed agreements with two new properties under its upscale-to-midscale brand, Fortune Hotels, marking a significant push in the brand’s expansion across high-potential business and leisure markets. The proposed new hotels in Saharanpur (Uttar Pradesh) and Mantralayam (Andhra Pradesh) underscore Fortune Hotels’ strategic focus on fast-growing Tier II and Tier III destinations, especially those with cultural and spiritual significance that attract strong traveller demand.
These additions further strengthen the brand’s national footprint, enhancing its presence across pilgrimage and commercial hubs while deepening the diversity of its portfolio.
Anil Chadha, managing director, ITC Hotels Limited, said, “We are committed to expanding our portfolio across high-potential, underserved markets. Saharanpur and Mantralayam represent unique and growing destinations that align with our aim to offer dependable, contemporary hospitality across spiritual and business cohorts. With these thoughtfully planned alliances, we are poised to elevate the stay experience for travellers while expanding our presence pan-India.”
The newly inked properties include: Fortune Park Saharanpur, Uttar Pradesh: Expected to open in December 2026, Fortune Park Saharanpur is a brownfield project featuring 60 well-designed rooms, an all-day dining restaurant, green lawns, versatile banquet spaces, and modern guest amenities. The hotel will cater to the growing demand for branded accommodation. Known for its agro-based industries and globally acclaimed wood-carving craftsmanship, Saharanpur’s expanding economic activity makes it a strategic location for Fortune Hotels’ continued growth in Northern India.
Fortune Park Mantralayam, Andhra Pradesh: Will be the first branded hotel in Mantralayam, a prominent pilgrim town. Fortune Park Mantralayam is anticipated to open in the last quarter of FY 2026-27. It will feature 79 well-appointed rooms designed to offer comfort and convenience to pilgrims, families, and travellers visiting the sacred destination. The hotel will include an all-day dining restaurant, modern banqueting facilities, and a range of amenities designed to enhance the guest experience. Fortune Park, Mantralayam aims to introduce reliable, contemporary, and high-quality accommodation that elevates the town's hospitality landscape.
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