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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has shared an announcement.
Lemon Tree Hotels Limited has announced the opening of Lemon Tree Suites in Gurugram, marking its 11th property in Haryana. This expansion strengthens the brand’s presence in the northern region of India, particularly in Gurugram, a major financial and industrial hub. The new hotel, managed by Carnation Hotels Private Limited, features 246 rooms and suites, with 151 opening in the first phase. It offers a range of amenities including a multi-cuisine restaurant, a recreation bar, a spa, a fitness center, and a swimming pool, catering to both corporate and leisure travelers.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is a leading hospitality company in India, catering to a diverse clientele ranging from value-conscious travelers to premium business and leisure seekers. The company operates seven distinct brands, offering experiences across various segments including upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and spiritual. With over 120 hotels in more than 80 cities in India and abroad, Lemon Tree Hotels is known for delivering exceptional comfort and consistent quality.
Average Trading Volume: 165,575
Technical Sentiment Signal: Buy
Current Market Cap: 127.9B INR
For a thorough assessment of LEMONTREE stock, go to TipRanks’ Stock Analysis page.