ITC to Expand Fortune Chain to 100 Hotels

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ITC Ltd., the Indian partner of Starwood Hotels & Resorts Worldwide Inc., plans to expand its brand of cheaper lodgings to 100 to tap demand in smaller towns.

``The rural market is today the buzzword,'' Nakul Anand, chief executive of the hotel division, said in an interview. ``Companies are going to send people who will require accommodation. This business is going to grow.''

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