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Lemon Tree Hotels has signed license agreement viz Keys Lite by Lemon Tree Hotels in Vijayawada, Andhra Pradesh.
Business Standard

Business Standard

Lemon Tree Hotels signs a new property in Andhra Pradesh

Lemon Tree Hotels has signed license agreement viz Keys Lite by Lemon Tree Hotels in Vijayawada, Andhra Pradesh.

Thu, Sep 19, 2024

Lemon Tree Hotels announced that it has signed a license agreement viz Lemon Tree Hotel in Pune, Maharashtra.
Business Standard

Business Standard

Lemon Tree Hotels signs a new property in Pune

Lemon Tree Hotels announced that it has signed a license agreement viz Lemon Tree Hotel in Pune, Maharashtra.

Thu, Sep 12, 2024

Lemon Tree Hotels' shares rose 3% after announcing a new property on Mira Road, Mumbai, set to open in FY 2026. Managed by Carnation Hotels, the property will feature 108 rooms and various amenities. This expansion complements their existing properties in Maharashtra.
The Economic Times

The Economic Times

Lemon Tree Hotels shares jump 3% on signing licensing agreement for new property

Lemon Tree Hotels' shares rose 3% after announcing a new property on Mira Road, Mumbai, set to open in FY 2026. Managed by Carnation Hotels, the property will feature 108 rooms and various amenities. This expansion complements their existing properties in Maharashtra.

Wed, Sep 11, 2024

Lemon Tree Hotels added 2.07% to Rs 133.45 after the company informed that it has signed a license agreement viz Lemon Tree Hotel, Mira Road, Mumbai.
Business Standard

Business Standard

Lemon Tree Hotels gains on inking new property in Mira Road

Lemon Tree Hotels added 2.07% to Rs 133.45 after the company informed that it has signed a license agreement viz Lemon Tree Hotel, Mira Road, Mumbai.

Wed, Sep 11, 2024

The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Mumbai.
Business Standard

Business Standard

Lemon Tree Hotels share price rises 3% on signing new property in Mumbai

The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Mumbai.

Wed, Sep 11, 2024

Shares of Lemon Tree Hotels Ltd ended at ₹130.90, up by ₹1.55, or 1.20% on the BSE.
CNBC TV18

CNBC TV18

Lemon Tree Hotels signs licence agreement for 108 rooms hotel in Mumbai's Mira Road

Shares of Lemon Tree Hotels Ltd ended at ₹130.90, up by ₹1.55, or 1.20% on the BSE.

Tue, Sep 10, 2024

The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hotels and Lemon Tree Hotels.
The Economic Times

The Economic Times

Hospitality sector poised for recovery in 2QFY25; Lemon Tree could rally 30% in 1 year

The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hotels and Lemon Tree Hotels.

Sun, Sep 8, 2024

The new property is scheduled to open in the fiscal year 2030. Shares of Lemon Tree Hotels Ltd ended at ₹132.80, down by ₹1.60, or 1.19%, on the BSE.
CNBC TV18

CNBC TV18

Gujarat | Lemon Tree Hotels unveils new property in Asiatic lion den, Gir

The new property is scheduled to open in the fiscal year 2030. Shares of Lemon Tree Hotels Ltd ended at ₹132.80, down by ₹1.60, or 1.19%, on the BSE.

Mon, Sep 2, 2024

The upcoming hotel will be managed by Carnation Hotels Private Ltd, a wholly-owned subsidiary of Lemon Tree Hotels. Shares of Lemon Tree Hotels Ltd ended at ₹133.45, up by ₹0.75, or 0.57%, on the BSE.
CNBC TV18

CNBC TV18

Lemon Tree Hotels signs licence agreement for new Ayodhya property, opening in FY26

The upcoming hotel will be managed by Carnation Hotels Private Ltd, a wholly-owned subsidiary of Lemon Tree Hotels. Shares of Lemon Tree Hotels Ltd ended at ₹133.45, up by ₹0.75, or 0.57%, on the BSE.

Thu, Aug 29, 2024

After signing in an 80-room hotel in Ayodhya, Lemon Tree Hotels added another one in India's spiritual destination map with a 72-room Ujjain property. Shares of Lemon Tree Hotels Ltd ended at ₹132.40, down by ₹0.95, or 0.71%, on the BSE.
CNBC TV18

CNBC TV18

Lemon Tree Hotels announces new property in Ujjain, hotel set to open in FY27

After signing in an 80-room hotel in Ayodhya, Lemon Tree Hotels added another one in India's spiritual destination map with a 72-room Ujjain property. Shares of Lemon Tree Hotels Ltd ended at ₹132.40, down by ₹0.95, or 0.71%, on the BSE.

Wed, Aug 28, 2024

Lemon Tree Hotels said that it has entered into a license agreement viz Lemon Tree Hotel, Civil Lines, Ayodhya.
Business Standard

Business Standard

Lemon Tree Hotels inks deal for new property in Ayodhya

Lemon Tree Hotels said that it has entered into a license agreement viz Lemon Tree Hotel, Civil Lines, Ayodhya.

Tue, Aug 27, 2024

Lemon Tree Hotel, Civil Lines, Ayodhya, is expected to open in FY28. Shares of Lemon Tree Hotels Ltd ended at ₹132.65, up by ₹0.80, or 0.61%, on the BSE.
CNBC TV18

CNBC TV18

Lemon Tree Hotels plans 80-room property in Ayodhya

Lemon Tree Hotel, Civil Lines, Ayodhya, is expected to open in FY28. Shares of Lemon Tree Hotels Ltd ended at ₹132.65, up by ₹0.80, or 0.61%, on the BSE.

Mon, Aug 26, 2024

The tourism sector has the potential to resolve 50 per cent of the country's employment challenges with the right government support, Lemon Tree Hotels Chairman and Managing Director Patanjali Govind Keswani said on Saturday.
Delivering his address at the first National Conclave on India 2047, organised by IIM Calcutta, he said India's tourism sector is on the verge of hitting the inflexion point.
Keswani pointed out that several countries have seen that the tourism sector contributes as much as 15-20 per cent to their GDP and account for 25 per cent of employment.
Expressing disappointment over the government's approach towards the tourism sector, he said, "In India, tourism contributes only 6.5 per cent to GDP and a similar share in employment. This sector holds enormous potential for creating jobs."
"If the government can leverage this opportunity effectively, it could address up to 50 per cent of our employment challenges," he said.
Discussing India's current economic landscap
Business Standard

Business Standard

Tourism sector could resolve 50% of India's job challenges: Lemon Tree CMD

The tourism sector has the potential to resolve 50 per cent of the country's employment challenges with the right government support, Lemon Tree Hotels Chairman and Managing Director Patanjali Govind Keswani said on Saturday. Delivering his address at the first National Conclave on India 2047, organised by IIM Calcutta, he said India's tourism sector is on the verge of hitting the inflexion point. Keswani pointed out that several countries have seen that the tourism sector contributes as much as 15-20 per cent to their GDP and account for 25 per cent of employment. Expressing disappointment over the government's approach towards the tourism sector, he said, "In India, tourism contributes only 6.5 per cent to GDP and a similar share in employment. This sector holds enormous potential for creating jobs." "If the government can leverage this opportunity effectively, it could address up to 50 per cent of our employment challenges," he said. Discussing India's current economic landscap

Sat, Aug 10, 2024

At the first National Conclave on India 2047 organized by IIM Calcutta, Patanjali Govind Keswani, Chairman and Managing Director of Lemon Tree Hotels, highlighted the tourism sector's potential to address 50% of India's employment challenges with proper government support. He noted that while tourism significantly contributes to GDP and employment in other countries, in India, it only accounts for 6.5% of GDP and employment.
The Economic Times

The Economic Times

Tourism sector could resolve 50% of India's employment challenges: Lemon Tree CMD

At the first National Conclave on India 2047 organized by IIM Calcutta, Patanjali Govind Keswani, Chairman and Managing Director of Lemon Tree Hotels, highlighted the tourism sector's potential to address 50% of India's employment challenges with proper government support. He noted that while tourism significantly contributes to GDP and employment in other countries, in India, it only accounts for 6.5% of GDP and employment.

Sat, Aug 10, 2024