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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) just unveiled an update.
Lemon Tree Hotels Limited has announced the opening of its sixth property in Andhra Pradesh, the Lemon Tree Premier in Tirupati. This new hotel, managed by Carnation Hotels Private Limited, features 111 rooms and suites, with the first phase opening 54 rooms along with the Citrus Café. The remaining facilities, including additional rooms, a bar, banquet spaces, and recreational amenities, will open in the second phase. Positioned in Tirupati, a major pilgrimage and urban center, this hotel aims to cater to the growing demand for contemporary accommodations in religious and spiritual destinations.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is one of India’s leading hospitality companies, offering a diverse range of accommodations from value-conscious to premium business and leisure options. With seven distinct brands, the company operates over 120 hotels across more than 75 cities in India and internationally, including locations in Dubai, Bhutan, and Nepal. Since its inception in 2004, Lemon Tree Hotels has expanded significantly, becoming a trusted name in the hospitality industry.
Average Trading Volume: 298,697
Technical Sentiment Signal: Buy
Current Market Cap: 129.5B INR
See more data about LEMONTREE stock on TipRanks’ Stock Analysis page.