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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has provided an announcement.
Lemon Tree Hotels Limited has announced the signing of a new franchise agreement for Keys Prima by Lemon Tree Hotels, Saj by the Lake, located in Malshej Ghat, Maharashtra. This new property, featuring 55 rooms and various amenities, aims to cater to nature lovers and travelers seeking leisure and business experiences. The partnership with SAJ Hotels Ltd. aligns with Lemon Tree’s strategy to expand its leisure portfolio in Maharashtra and strengthen its market presence.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is India’s fastest-growing mid-scale and premium hotel chain, focusing on providing vibrant and value-driven experiences for both business and leisure travelers. The company is expanding its presence across India, including Maharashtra, with multiple operational and upcoming properties.
Average Trading Volume: 292,717
Technical Sentiment Signal: Buy
Current Market Cap: 136.2B INR
See more insights into LEMONTREE stock on TipRanks’ Stock Analysis page.