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NSE:LEMONTREE

9 stories mentioning NSE:LEMONTREEUpdated 8d ago

Every FINWIRES story that references NSE:LEMONTREE, newest first.

Asia

Lemon Tree Opens Keys Prima Hotel in Uttarakhand, India

Lemon Tree Hotels (BOM:541233, NSE:LEMONTREE) has opened the Keys Prima by Lemon Tree Hotels property on Kempty Road in Mussoorie, Uttarakhand, India, according to a Thursday exchange filing.The hotel features 47 rooms, along with a restaurant, bar, banquet hall, swimming pool, fitness center, spa, and other guest facilities.The property will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Hotels Licenses Two New Hotels in Nepal, Andhra Pradesh

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has signed license agreements for the new properties Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh.Both hotels will be managed by the company's wholly owned subsidiary, Carnation Hotels, according to an Indian bourse filing on Thursday.The Siddharthanagar property will have 120 rooms, while the Vijayawada hotel will feature 70 rooms, along with food and beverage, meeting and recreational facilities, the company said.

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Signs Pact to Open New Hotel in Nepal

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has entered into a license agreement to set up a new 85-room property in Janakpur in Nepal, according to a Monday filing to the Indian stock exchanges.The Lemon Tree Hotel, Janakpur, will be managed by the company's wholly-owned subsidiary Carnation Hotels.With this signing, the hospitality company now has eight properties in Nepal, with three operational hotels and five in the pipeline.Its overall international portfolio has also risen to 11 properties, with six operational hotels and five upcoming properties across Nepal, Bhutan, and Dubai.The company's shares were up nearly 1% in Tuesday's trade.

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Hotels Signs Pacts to Open Two New Resorts in Maharashtra, India

Hospitality company Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has signed license agreements for two new resorts in Maharashtra, India, according to a Thursday filing to the Indian stock exchanges.The two properties, Lemon Tree Resort, Tadgaon, and Lemon Tree Resort, Igatpuri, will be managed by the company's wholly-owned subsidiary, Carnation Hotels.While the Tadgaon resort will have 110 rooms, the Igatpuri hotel will have 90 rooms.With these two new signings, the company will have 32 properties in Maharashtra, with 15 operational and 17 in the pipeline.

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Hotels Appoints Chief Digital and Transformation Officer

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) on Monday appointed Kartikeya Kumar Singh as chief digital and transformation officer and a senior management personnel, according to a same-day filing on Indian bourses.The company's shares were up nearly 2% in Tuesday's trade.He joins from Coca-Cola India, where he was chief information officer for India and South West Asia, the company said in the filing.

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Hotels Signs Franchise Agreement for New Property in Jaipur, India

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has signed a franchise agreement for an 88-room property named Keys Prima by Lemon Tree Hotels at Jaipur in Rajasthan, India, according to a Monday filing to the Indian stock exchanges.The company's shares were up nearly 2% in Tuesday's trade.The property expands the company's footprint in Rajasthan to 23 hotels, including 13 operational and 10 upcoming properties.

BOM:541233NSE:LEMONTREE
Research

HSBC Downgrades Lemon Tree Hotels to Hold from Buy; Price Target is INR127

Lemon Tree Hotels (BOM:541233, NSE:LEMONTREE) has an average rating of buy and mean price target of 153.74 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Hotels Signs Franchise Agreement for New Property in Karnal, India

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has signed a franchise agreement for a 50-room property named Keys Prima by Lemon Tree Hotels at Karnal in Haryana, India, according to a Monday filing to the Indian stock exchanges.The company's shares were up nearly 2% in early trade on Tuesday.The property will be franchised under Lemon Tree Hotels, and will expand the company's footprint in Haryana to 13 hotels, including 11 operational and two upcoming properties.

BOM:541233NSE:LEMONTREE
Asia

Lemon Tree Hotels Signs License Deal for 90-Room Hotel in Gujarat, India

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has signed a license agreement for a 90-room property in Garudeshwar, Gujarat, according to a Friday filing on Indian bourses.Shares of the company fell nearly 1% in Monday's trade.The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of the company, the filing said.

BOM:541233NSE:LEMONTREE

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