ITC Limited entered the hotels business in 1975 with the acquisition of a hotel in Chennai, which was rechristened Welcomgroup Chola Sheraton. Since then the ITC-Welcomgroup brand has become synonymous with Indian hospitality. Today amongst India's finest and fastest growing hotel chains, it consists of over 65 hotels across more than 50 destinations in India. These include super deluxe and five star hotels, heritage palaces, havelis and resorts and full service budget hotels. Currently 10 of the ITC-Welcomgroup hotels are marketed world-wide by the Sheraton Corporation, which is part of Starwood Hotels & Resorts, the well known global hospitality chain