Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has provided an update.
Lemon Tree Hotels Limited has announced the rebranding of its property in Pimpri, Pune, from Keys Select to Keys Prima by Lemon Tree Hotels. The hotel, owned by Berggruen Hotels Private Limited, has undergone renovations to enhance guest experiences with upgraded rooms, dining options, and expanded banquet and conference facilities. This strategic move aims to strengthen Lemon Tree’s market presence in Pune, a city known for its educational institutions and thriving IT industry, thereby attracting a diverse range of guests.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is one of India’s largest hotel chains, operating across upscale, upper-midscale, midscale, and economy segments. The company offers a variety of brands to cater to different guest needs, including Aurika Hotels & Resorts, Lemon Tree Premier, and Keys Prima by Lemon Tree Hotels, among others. With over 210 hotels in its portfolio, Lemon Tree Hotels has a significant presence in major Indian cities and has expanded internationally to locations like Dubai, Bhutan, and Nepal.
YTD Price Performance: -19.21%
Average Trading Volume: 202,331
Current Market Cap: 101.8B INR
For a thorough assessment of LEMONTREE stock, go to TipRanks’ Stock Analysis page.