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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has provided an update.
Lemon Tree Hotels Limited has announced the signing of two new properties, Lemon Tree Hotel at Surat Airport and Keys Prima by Lemon Tree Hotels in Haridwar. The Surat property, managed by Carnation Hotels Private Limited, will cater to business travelers with its strategic location near the airport and Surat’s commercial hub. The Haridwar property will be franchised under Lemon Tree Hotels, expanding the company’s presence in Uttarakhand. These developments are expected to enhance Lemon Tree’s market positioning in Gujarat and Uttarakhand, providing fresh and vibrant experiences for guests.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is India’s fastest-growing mid-scale and premium hotel chain, offering a vibrant and value-driven experience for business and leisure travelers.
Average Trading Volume: 207,646
Technical Sentiment Signal: Buy
Current Market Cap: 120.1B INR
For detailed information about LEMONTREE stock, go to TipRanks’ Stock Analysis page.