ITC Hotels Expands Luxury Footprint With Zuri Acquisition

Nikunj Parikh May 20, 2026 310 Views

ITC Hotels Limited has acquired 100% of Zuri Hotels and Resorts Private Limited (ZHRPL) for an enterprise value of ₹205 crores. The move strengthens ITC’s luxury portfolio in India, with plans to rebrand and elevate Zuri Kumarakom Resort & Spa into a premier destination for leisure and high-profile MICE events.