ITC Hotels has an aggressive growth strategy in place, says Nakul Anand

Amid a slowdown, ITC's hotel segment has recorded a 40 per cent increase in earnings before interest, tax, depreciation and amortisation, or Ebitda, in the third quarter of financial year 2020, and a 34 per cent rise in the nine months ended December 2019. Nakul Anand, executive director of ITC, tells Ishita Ayan Dutt that ITC Hotels has adopted an asset-right strategy, and in the next few years more than 75 per cent of the hotels that are added will be managed properties. Edited excerpts:   How would the asset right strategy help ITC expand more rapidly?   With more than a .....

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