Mumbai, 15th October 2026: ITC Hotels Limited today announced the signing of a management agreement for 227 key Mementos by ITC Hotels Karjat; a luxury resort located outside Mumbai in Maharashtra. Set against the backdrop of the Sahyadri foothills, Karjat has emerged as one of western India’s most promising lifestyle destinations, drawing travellers seeking nature-led escapes, wellness journeys, destination weddings and large corporate retreats. The seamless accessibility from Mumbai and Pune, coupled with its scenic surroundings, makes it a compelling location for a new luxury hospitality offering.
Mementos by ITC Hotels Karjat will feature elegantly appointed rooms and suites, thoughtfully crafted to reflect the tranquillity and character of the destination. Envisioned as a refined retreat, the resort will bring together immersive hospitality, curated dining and wellness-led experiences. Its culinary offerings will include an all-day dining restaurant, specialty restaurants, a bar and tea lounge, land destination-inspired gastronomic experiences showcasing both regional and international cuisines. Complementing these offerings will be a comprehensive wellness and recreation programme, comprising a signature spa, fitness centre, swimming pools, and a range of recreational activities.
Designed to emerge as a preferred venue for landmark celebrations and gatherings, Mementos Karjat will offer over 60,000 square feet of indoor event space, including a grand ballroom and versatile meeting venues and over 30,000 square feet outdoor lawns for social events. Together, these facilities will position Mementos in Karjat as a sought-after destination for conferences, weddings and corporate events.
Commenting on the signing, Anil Chadha, Managing Director, ITC Hotels Limited, said, “As India’s leisure travel landscape continues to evolve, travellers are increasingly seeking meaningful escapes that blend nature, wellness and bespoke experiences. Karjat, with its picturesque setting, excellent connectivity and growing prominence as a hub for celebrations and retreats, is well-positioned to cater to this demand. The signing of Mementos Karjat reflects our commitment to expanding our portfolio in high-potential leisure destinations.”
Adding to this, Ashok Chhajer, Chairman and Managing Director, Arihant Super Structures Limited said, “Karjat has long been admired for its natural beauty and serene surroundings, offering a refreshing contrast to the pace of urban life. Our groups vision is to create an iconic destination in Maharashtra that not only showcases the charm of the region but also becomes a preferred setting for memorable holidays, celebrations and transformative retreats. Working with ITC Hotels Limited for the Mementos brand brings together a shared commitment to excellence.”
Mementos by ITC Hotels is a collection of extraordinary resort across diverse destinations, ranging from modern marvels and secluded retreats to historic treasures. Each handpicked property is thoughtfully curated and brought to life through a commitment to crafting deeply personal and memorable experiences. Through distinctive encounters, local insights, unexplored flavours, captivating landscapes and inspiring stories, Mementos invites guests to forge meaningful connections with every destination.
‘Our Legacy Inspires our Future -50 Glorious Years of ITC Hotels Limited’ www.itchotels.com
| 155+ Hotels | 14,200+ Keys | 95+ Destinations |
With the enduring Namaste as the symbol of its brand experience and a distinguished legacy spanning over five decades, the business of ITC Hotels has been a pioneering force in shaping India’s luxury and responsible hospitality landscape. Since its inception in 1975, the chain has consistently set new benchmarks in service excellence, culinary innovation, sustainable practices and the celebration of Indian culture. What began as a single hotel has grown into one of India’s largest and most respected hospitality chains, with a presence that now extends across India, Sri Lanka and Nepal through a portfolio of 155+ properties and over 14,200 keys. The Company has seamlessly blended world-class hospitality with environmental stewardship, showcasing India’s heritage while embracing the future through innovation, inclusivity and purpose-led growth. This enduring commitment has positioned the Company not only as a trusted name in India but also as a global exemplar of homegrown excellence. ITC Hotels became the largest chain in the world to have 25 LEED Platinum certified hotels. To date, ITC Hotels Limited leads in LEED Zero Water & LEED Zero Carbon certified hotels globally. ITC Hotels Limited operates under seven distinct brands; ‘ITC Hotel’ & ‘Mementos’ in the Luxury segment, ‘Epiq Collection’ in the premium ‘Welcomhotel’ in the upper upscale space, brand ‘Storii’ in the premium boutique segment, ‘Fortune’ in the mid-market to upscale space and ‘WelcomHeritage’ in the heritage leisure segment. ITC Hotels Limited is recognised as the World’s Leading Sustainable Organisation, World’s Leading Sustainable Employer and World’s Leading Sustainable Food & Nutrition Initiative at the World Sustainable Travel & Hospitality Awards (WSTHA) 2025, besides being ranked among India’s Best Companies to Work For 2025 by Great Place To Work® India. It is listed on the BSE and NSE.
