ITC Hotels Limited has announced the signing of an agreement with M/s KAC Palm Exotica Hotels Private Limited to launch Welcomhotel Shankarpally in the Hyderabad market
Spread across 11 acres, ‘Welcomhotel by ITC Hotels Palm Exotica Shankarpally’ shall feature 155 guest rooms.
Anil Chadha, Managing Director, ITC Hotels, said, “This signing marks Welcomhotel by ITC Hotels foray into the state of Telangana. We embarked on the asset right strategy with the objective of reaching deeper in tier 2 and tier 3 markets offering travellers local and immersive experiences. Welcomhotel Shankarpally endeavours to establish itself as the city’s definitive destination for bleisure travel & events. Each space will offer refined aesthetics to suit a diverse array of occasions.”
Krishna Sandeep Kilaru, Director, KAC Palm Exotica Hotels Private Limited, said, “We are excited to have entered into agreement for Welcomhotel by ITC Hotels Palm Exotica Shankarpally with ITC Hotels Limited. It is a matter of pride for us to develop this hotel in Telangana. ITC Hotels’ deep-rooted passion in food& beverage and service excellence aligns well with our vision for the hotel, and we are pleased to embark on this journey”.
Located 60 km from the Rajiv Gandhi International Airport, Welcomhotel by ITC Hotels Palm Exotica Shankarpally will have excellent connectivity from all parts of Hyderabad city.
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