Lemon Tree Hotels Ltd

(LEMONTREE)

Lemon Tree Hotels Expands with New Gujarat Property - 30 Sep, 2024

Lemon Tree Hotels has signed a new hotel in Gir, Gujarat, set to open in FY 2026. The hotel will feature 74 rooms and various amenities, enhancing Lemon Tree's presence in the state.

Lemon Tree Hotels Anticipates Margin Improvement - 26 Sep, 2024

Lemon Tree Hotels' chairman expects improved margins in Q2 FY24 despite renovation costs. The company anticipates better performance compared to Q1, attributing past revenue squeeze to renovations halted since 2019 due to COVID-19.

Lemon Tree Hotels Expands with New Srinagar Property - 20 Sep, 2024

Lemon Tree Hotels has signed a License Agreement for a new property in Srinagar, expected to open in FY 2026, enhancing its portfolio in Jammu and Kashmir.

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.