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An announcement from Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) is now available.
Lemon Tree Hotels Limited has announced the opening of its fifth property in Andhra Pradesh, Keys Lite by Lemon Tree Hotels, Krishna, Vijayawada. This new hotel, managed by Carnation Hotels Private Limited, features 44 well-appointed rooms, a multi-cuisine restaurant, and a boardroom, enhancing the company’s presence in the region. The strategic location of Vijayawada, known for its cultural landmarks and rapid urbanization, positions the hotel to attract both business and leisure travelers, strengthening Lemon Tree’s market positioning and offering stakeholders potential growth opportunities.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is a prominent hospitality company in India, catering to a diverse clientele ranging from value-conscious travelers to premium business and leisure seekers. The company operates under seven distinct brands, offering a variety of experiences across different segments, including upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and spiritual. With over 120 hotels in more than 75 cities in India and abroad, Lemon Tree Hotels serves over 1.5 million guests annually and is expanding with a pipeline of over 110 upcoming properties.
Average Trading Volume: 287,936
Technical Sentiment Signal: Buy
Current Market Cap: 134.4B INR
See more insights into LEMONTREE stock on TipRanks’ Stock Analysis page.