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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) just unveiled an update.
Lemon Tree Hotels Limited has announced the signing of two new license agreements for properties in Guwahati, Assam, expanding their presence in the region. Managed by its subsidiary, Carnation Hotels Private Limited, these new hotels are strategically located in the bustling city of Guwahati, known as a cultural and commercial hub. The new properties, scheduled to open in FY 2026 and FY 2027, will enhance Lemon Tree’s portfolio with modern amenities and contribute to their strategic growth in the northeastern state of India.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is a prominent company in the hospitality industry, known for its wide range of hotel properties across India. The company operates and manages hotels under various brands including Keys Select, offering well-appointed rooms and a variety of amenities. It focuses on expanding its footprint in key locations to leverage growth opportunities in the tourism and hospitality sectors.
YTD Price Performance: -7.26%
Average Trading Volume: 249,906
Current Market Cap: 116.9B INR
For an in-depth examination of LEMONTREE stock, go to TipRanks’ Stock Analysis page.