Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ).
Lemon Tree Hotels Limited announced the signing of a new property, Lemon Tree Hotel, Gandhidham, managed by its subsidiary Carnation Hotels Private Limited. This new hotel, featuring 54 rooms, a restaurant, a banquet hall, and recreational facilities, strengthens Lemon Tree’s presence in Gujarat, an important commercial hub near Kandla Port. The expansion aligns with the company’s vision of offering comfortable stays across various destinations, enhancing its business and leisure portfolio in the region.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is India’s fastest-growing mid-scale and premium hotel chain, known for providing fresh, vibrant, and value-driven experiences. The company focuses on expanding its presence across India, including in Gujarat, where it caters to both religious and leisure travelers.
Average Trading Volume: 278,426
Technical Sentiment Signal: Buy
Current Market Cap: 130.3B INR
For detailed information about LEMONTREE stock, go to TipRanks’ Stock Analysis page.