Lemon Tree Hotels Expands in Dehradun with New Property

Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has shared an announcement.

Lemon Tree Hotels Limited has announced the signing of a License Agreement for a new property, Lemon Tree Hotel, in Mohkampur, Dehradun. Managed by its subsidiary, Carnation Hotels Private Limited, the hotel will feature 98 rooms and various amenities, enhancing the company’s presence in Uttarakhand. Located within the Mall of Dehradun, the hotel is strategically positioned to attract both business and leisure travelers, benefiting from its proximity to transportation hubs and local attractions. This expansion reflects Lemon Tree Hotels’ commitment to growing its footprint in the region, where it already operates multiple properties.

More about Lemon Tree Hotels Ltd.

Lemon Tree Hotels Limited operates in the hospitality industry, primarily focusing on managing and franchising hotels. The company offers a range of services including accommodations, dining, and recreational facilities, catering to both business and leisure travelers.

Average Trading Volume: 234,043

Technical Sentiment Signal: Buy

Current Market Cap: 130.8B INR

See more insights into LEMONTREE stock on TipRanks’ Stock Analysis page.