ITC Hotels Q3 Performance Update **Overview** ITC Hotels delivered a robust financial performance for the quarter ending December, characterized by significant double-digit revenue growth and profitability gains. The surge was driven by a combination of operational efficiency, strong segment demand, and strategic portfolio expansion. **Key Performance Highlights** * **Financial Growth:** Revenue increased by **21%** year-over-year, accompanied by a corresponding rise in net profit. * **Operational Metrics:** Performance was underpinned by higher occupancy levels and improved Average Room Rates (ARR), reflecting strong market positioning. * **Segment Demand:** * **Events:** The Wedding and MICE (Meetings, Incentives, Conferences, and Exhibitions) segments witnessed robust demand. * **F&B:** The Food & Beverage division recorded strong growth, contributing significantly to the top line. * **Strategic Expansion:** The company continued to execute its growth strategy by adding new hotels, further strengthening its nationwide footprint.