ITC Hotels signs management deal for 105-room Fortune hotel in Greater Noida
ITC Hotels has signed a management agreement for the 105-room Fortune Select Greater Noida, according to Moody's. The opening is slated for early next year.
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what happened
ITC Hotels has signed a management agreement for the 105-room Fortune Select Greater Noida under its Asset Right strategy. The report, attributed to Moody's and carried with permission from Mint, says the property will sit within India Expo Plaza at Knowledge Park II and target corporate guests and MICE events. The hotel is slated to open early next year.
With this addition, the Fortune brand will have five hotels in Uttar Pradesh and five in the NCR region.
why it matters
The deal shows ITC Hotels expanding its network through management contracts rather than heavy capital spending on owned properties. For markets it is a corporate update with limited likely effect on the company's share price.
tags
instruments
sources
- After Welcomhotel Manesar, ITC Hotels expands Delhi-NCR presence with 105-key Fortune Select Greater Noida — Moody's, 31 October 2026 at 10:49 UTC
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