Hot Pursuit     19-Aug-23
Lemon Tree launches sixth property in Gujarat
Lemon Tree Hotels on Saturday announced the opening of its sixth property in Gujarat under the brand ‘Lemon Tree Hotel'.
The hotel features 42 well-appointed rooms and suites, complemented by a multicuisine coffee shop as well as a well-equipped fitness center and a refreshing swimming pool.

The hotel is managed by Carnation Hotels, a wholly owned subsidiary and the hotel management arm of Lemon Tree Hotels.

Lemon Tree Hotels is engaged to carry out business of developing, owning, acquiring, renovating, operating, managing and promoting hotels, motels, resorts, restaurants, etc. under the brand name of Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima and Keys Lite. Also, some of the Group companies provide project management services and learning & development services.

The company reported 69.4% jump in consolidated net profit to Rs 23.46 crore on 15.7% rise in revenue from operations to Rs 222.26 crore in Q1 FY24 over Q1 FY23.

Shares of Lemon Tree Hotels ended 6.47% higher at Rs 102.18 on Friday, 18 August 2023.

Previous News
  Lemon Tree Hotels signs new property in Gir, Gujarat
 ( Hot Pursuit - 27-Sep-24   08:31 )
  Lemon Tree Hotels to convene AGM
 ( Corporate News - 06-Sep-24   17:40 )
  Lemon Tree Hotels rises after launching Aurika, Mumbai skycity
 ( Hot Pursuit - 06-Oct-23   12:07 )
  Lemon Tree Hotels to discuss results
 ( Corporate News - 16-Jul-24   10:51 )
  Lemon Tree launches 4th property in Himachal Pradesh
 ( Hot Pursuit - 30-Mar-24   11:49 )
  Lemon Tree Hotels opens its third property in Udaipur
 ( Corporate News - 14-Jun-24   09:11 )
  Lemon Tree Hotels signs new property in Gujrat
 ( Hot Pursuit - 26-Aug-24   08:56 )
  Lemon Tree Hotels reports consolidated net profit of Rs 39.97 crore in the December 2022 quarter
 ( Results - Announcements 11-Feb-23   07:38 )
  Lemon Tree launches sixth property in Gujarat
 ( Hot Pursuit - 19-Aug-23   14:54 )
  Lemon Tree Hotels to table results
 ( Corporate News - 16-May-23   15:06 )
  Lemon Tree announces termination of franchise license agreement for Manali property
 ( Corporate News - 26-Apr-22   10:00 )
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