Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has provided an update.
Lemon Tree Hotels Limited has announced the opening of its twelfth property in Maharashtra, the Lemon Tree Hotel in Pune, located in Chinchwad. This new hotel features 117 rooms, a multi-cuisine café, a fitness center, a swimming pool, and extensive banquet and conference facilities, managed by Carnation Hotels Private Limited, a subsidiary of Lemon Tree Hotels. The opening of this hotel in Pune, a city known for its blend of traditional and modern lifestyles, enhances Lemon Tree’s presence in a dynamic market, potentially boosting its market positioning and offering more options for business and leisure travelers in the region.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is one of India’s largest hotel chains, offering a range of services across upscale, upper-midscale, midscale, and economy segments. The company operates over 210 hotels, including more than 110 operational properties, and has expanded internationally to locations such as Dubai, Bhutan, and Nepal. It provides a variety of brands to cater to different guest needs, including Aurika Hotels & Resorts, Lemon Tree Premier, and Red Fox Hotels, among others.
YTD Price Performance: -19.21%
Average Trading Volume: 202,331
Current Market Cap: 101.8B INR
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