Fortune Hotels, a member of ITC's hotel group ... Gujarat), Candolim (Goa), Palampur (Himachal Pradesh), and a beach resort in Chennai amongst others and an equal number in H2 (second half ...

Post demerger, ITC Hotels will have a strong debt-free balance sheet with ₹11,000 crore of total assets (including ₹1,000-1,500 crore of net cash).