Lemon Tree Hotels Ltd

(LEMONTREE)

Lemon Tree Hotels Expands with New Property in Vijayawada - 19 Sep, 2024

Lemon Tree Hotels has signed a license agreement for a new Keys Lite property in Vijayawada, Andhra Pradesh, set to open in FY 2026. Despite a 15.55% decline in Q1 FY25 net profit to Rs 19.81 crore, revenue from operations rose 19.52% YoY to Rs 268.02 crore. The stock fell 0.54% to Rs 129 on the BSE.

Lemon Tree Hotels Reports Growth and Investment - 14 Sep, 2024

Lemon Tree Hotels has a market cap of Rs 10,462 crore, with shares closing at Rs 132, up 1.27%. Q1FY25 revenue reached Rs 268 crore, net profit at Rs 20 crore. Vanguard Fund acquired 1.1% stake.

Positive Outlook for Lemon Tree Hotels in H2FY25 - 13 Sep, 2024

Lemon Tree Hotels is identified as a tactical pick due to an expected recovery in occupancies and operating margins in H2FY25, driven by seasonal factors and completed renovations.

Lemon Tree Hotels Expands with New Pune Property - 12 Sep, 2024

Lemon Tree Hotels has signed a license agreement for a new hotel in Pune, Maharashtra, featuring 72 rooms and various amenities, set to open in FY 2026.

Lemon Tree Hotels Expands with New Mumbai Property - 11 Sep, 2024

Lemon Tree Hotels has signed a license agreement for the Lemon Tree Hotel in Mira Road, Mumbai, set to open in FY26. The property will feature 108 rooms and various amenities, enhancing the company's portfolio in the region.

Lemon Tree Hotels Expands Portfolio with New Properties - 10 Sep, 2024

Lemon Tree Hotels has signed license agreements for new hotels in Mira Road, Mumbai, and Nashik, both expected to open in FY 2026. Shares rose 2% following the announcements.

Lemon Tree Hotels Expands with New Property Agreement - 09 Sep, 2024

Lemon Tree Hotels has signed a License Agreement for a new property in Nashik, Maharashtra, managed by its subsidiary, expected to open in FY 2026.

Lemon Tree Hotels Set for Growth and Renovation - 08 Sep, 2024

Lemon Tree Hotels plans to double its managed inventory to over 8,300 rooms by FY27, focusing on Tier II and leisure locations. An aggressive renovation strategy aims to upgrade 75% of owned rooms by FY26, enhancing RevPAR and operational efficiency.

Lemon Tree Hotels Expands with New Property in Gujarat - 03 Sep, 2024

Lemon Tree Hotels announced a new property in Gir, Gujarat, to be managed by its subsidiary, Carnation Hotels. The hotel will feature 80 rooms and is expected to open in FY 2030, contributing to the company's growth in wildlife tourism.

Lemon Tree Hotels Expands with New Gir Property - 02 Sep, 2024

Lemon Tree Hotels Ltd has signed a License Agreement for a new hotel in Gir, Gujarat, set to open in FY 2030, enhancing its wildlife portfolio. Additionally, Motilal Oswal recommends buying the stock with a target price of Rs 170.

Lemon Tree Hotels Expands with New Properties - 30 Aug, 2024

Lemon Tree Hotels announced the signing of new properties in Ujjain and Ayodhya, boosting investor confidence. The Ujjain property is set to open in FY27, while the Ayodhya hotel is expected in FY26.

Lemon Tree Hotels Expands with New Properties - 29 Aug, 2024

Lemon Tree Hotels has signed agreements for new properties in Ayodhya and Ujjain, enhancing its portfolio with hotels expected to open in FY26 and FY27, respectively. The share price saw a rise following the Ujjain announcement.

Lemon Tree Hotels Announces New Ujjain Property - 28 Aug, 2024

Lemon Tree Hotels has announced the opening of a new property in Ujjain, Madhya Pradesh, expected to launch in FY27, featuring 72 rooms and various amenities.

Lemon Tree Hotels Expands with New Ayodhya Property - 27 Aug, 2024

Lemon Tree Hotels has signed a license agreement for a new 80-room hotel in Ayodhya, set to open in FY 2028, managed by its subsidiary Carnation Hotels. This expansion reflects the growing interest in spiritual tourism in the region.

Lemon Tree Hotels Expands with New Properties - 26 Aug, 2024

Lemon Tree Hotels has signed agreements for new properties in Surat and Ayodhya, enhancing its portfolio with upscale offerings. The Surat property will feature 175 rooms, while the Ayodhya hotel will have 80 rooms, contributing to the company's growth strategy.

Lemon Tree Hotels Expands with New Surat Property - 23 Aug, 2024

Lemon Tree Hotels Ltd has signed a license agreement for a new Aurika hotel in Surat, Gujarat, featuring 175 rooms and various amenities, set to open in FY 2030. Shares closed down 1.35% at ₹131.85.