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Lemon Tree Hotels

MOFSL picks 5 stocks for up to 22 per cent returns; check targets and stop losses

MOFSL picks 5 stocks for up to 22 per cent returns; check targets and stop losses

Wed, Jun 26, 2024

The 30-share BSE Sensex rose 620.73 points, or 0.80 per cent, to a fresh closing high of 78,674.25. The Nifty rose by 147.50 points, or 0.62 per cent, to a record closing high of 23,868.80.

Lemon Tree Hotels soars over 6.40% after mid-cap firm reports mixed fourth-quarter results

Lemon Tree Hotels soars over 6.40% after mid-cap firm reports mixed fourth-quarter results

Thu, May 30, 2024

Lemon Tree Hotels' profit after tax (PAT) soared by 52 per cent to Rs 67 crore in the fourth quarter compared to Rs 44 crore in the same quarter last fiscal. The company's revenue from operations jumped by 29.20 per cent to Rs 327 crore in the quarter under review compared to Rs 253 crore Year-on-Year.

Lemon Tree Hotels hits record high after company signs two new properties

Lemon Tree Hotels hits record high after company signs two new properties

Fri, Sep 15, 2023

Lemon Tree Hotels share price: Lemon Tree Hotel, Junagadh, will feature 64 well-appointed rooms, a restaurant, a banquet hall, a meeting room, and other public areas.

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Lemon Tree Hotels gains nearly 3% on licence agreement for new property in Shimla

Lemon Tree Hotels gains nearly 3% on licence agreement for new property in Shimla

Thu, Sep 07, 2023

The hotel is expected to be operational in the first quarter of 2026. Lemon Tree Hotels already has two operational hotels and four upcoming ones in Himachal Pradesh.

Lemon Tree Hotels hits fresh 52-week high on signing agreement for two new properties in Bhubaneswar and Kasauli

Lemon Tree Hotels hits fresh 52-week high on signing agreement for two new properties in Bhubaneswar and Kasauli

Tue, Aug 22, 2023

The Lemon Tree Hotel in Bhubaneswar will feature 60 well-appointed rooms along with amenities like a restaurant, meeting rooms, a banquet hall, a swimming pool and a fitness centre. Lemon Tree Mountain Resort in Kasauli will feature 50 rooms and cottages.

Budget 2023: Tourism stocks spurt as government announces special focus on sector

Budget 2023: Tourism stocks spurt as government announces special focus on sector

Wed, Feb 01, 2023

India’s hotel industry has witnessed a robust recovery in demand from the depths of the pandemic, according to HDFC Securities report on the hotel sector.

After 2 years, hotel sector breaches 65% occupancy mark in April; ICICI Securities picks Indian Hotels, Lemon Tree as best bet, see 24% upside

After 2 years, hotel sector breaches 65% occupancy mark in April; ICICI Securities picks Indian Hotels, Lemon Tree as best bet, see 24% upside

Tue, May 31, 2022

With unlocking theme now settling in, the hotel industry has breached around 65 per cent occupancy mark in April since the onset of the Covid pandemic in March 2020, ICICI Securities said.

Budget 2022: Demands from healthcare, real estate, tourism may hog limelight, says Manoj Dalmia of Proficient Equities; picks Lemon Tree Hotels as good bet

Budget 2022: Demands from healthcare, real estate, tourism may hog limelight, says Manoj Dalmia of Proficient Equities; picks Lemon Tree Hotels as good bet

Tue, Jan 18, 2022

Ahead of the Union Budget 2022, market expert is of the view that demands from healthcare, real estate, hospitality & tourism, crypto industry and textile space can drive the action on the Dalal-street if the demands of respective sectors are met.

Lemon Tree Hotels share price: Horwath report highlights of India's largest chain in mid-priced hotels sector and third largest overall

Lemon Tree Hotels share price: Horwath report highlights of India's largest chain in mid-priced hotels sector and third largest overall

Fri, Mar 05, 2021

Lemon Tree Hotels is India's largest chain in the mid-priced hotels sector and third largest overall, as of June 30, 2017, according to the Horwath Report. This award winning Indian hotel chain opened its first hotel with 49 rooms in May 2004 and operates 84 hotels in 51 destinations with 8100 rooms and over 8300 employees.

Markets open on robust note; Sensex up by 250 points, Nifty by 72 points

Markets open on robust note; Sensex up by 250 points, Nifty by 72 points

Fri, Dec 28, 2018

However, there may be a major impact on markets because of the setback to the economy over the bad news on fiscal deficit between April to November.

Top 5 stocks in focus on June 7: From HCL Infosystems to United Spirits, here are the newsmakers

Top 5 stocks in focus on June 7: From HCL Infosystems to United Spirits, here are the newsmakers

Thu, Jun 07, 2018

From HCL Infosystems to United Spirits a number of stocks have come in the news on Thursday and they may go through some positive or negative impact in the market today. Here are the stocks that are in news on June 7, 2018:

McLeod Russel, Videocon Industries among top stocks that will remain in focus today

McLeod Russel, Videocon Industries among top stocks that will remain in focus today

Thu, Jun 07, 2018

Stocks in news: The National Company Law Tribunal’s (NCLT) Mumbai bench admitted the insolvency petition filed by lenders against Videocon Industries after the company failed to repay its Rs 210 billion debt.

Lemon Tree to invest Rs 850 crore on capex in 3 years

Lemon Tree to invest Rs 850 crore on capex in 3 years

Mon, May 07, 2018

Lemon Tree Hotels Ltd today said it will be investing Rs 850 crore in the next three years for expanding its footprint in the country. President of Lemon Tree Hotels, Vikramjit Singh said, they have earmarked a total of Rs 1,700 crore for adding1,500 rooms, which are currently under construction and expected to be completed by financial year 2021and spent half of the total budget.

Hotel firms mull ‘conversion-friendly’ brands for growth

Hotel firms mull ‘conversion-friendly’ brands for growth

Mon, Apr 16, 2018

Homegrown and international hotel chains are now looking at ‘conversion-friendly brands’ as opposed pure conversion that involves taking over a standalone or a bouquet of branded hotels and renaming them with one of their existing brands, which is time-consuming and may involve a lot of capital investment

Lemon Tree Hotels share price soars 30% against issue price, despite being tagged as 'avoid'

Lemon Tree Hotels share price soars 30% against issue price, despite being tagged as 'avoid'

Mon, Apr 09, 2018

Lemon Tree Hotels share price extended gains after a huge block deal on the counter in the afternoon trade with the stock hitting an intraday high of Rs 73.90, a premium of 32 per cent against its issue price of Rs 56.

Lemon Tree Hotels lists today, enters Hyderabad with 85-room hotel

Lemon Tree Hotels lists today, enters Hyderabad with 85-room hotel

Mon, Apr 09, 2018

The unique aspect of this new-built hotel, which was soft-launched last month, is that it will feature a revolving restaurant. Once operational, this revolving restaurant will be the only such facility in Hyderabad that will tickle the taste-buds of the elite class of this upmarket locality close to Jubilee Hills

Lemon Tree Hotels IPO subscribed 44 pc on Day 2 of bidding

Lemon Tree Hotels IPO subscribed 44 pc on Day 2 of bidding

Tue, Mar 27, 2018

The IPO to raise Rs 1,038.68 crore received bids for 5,72,16,945 shares against the total issue size of 12,98,35,580 shares, data available with the NSE showed. The portion set aside for qualified institutional buyers (QIBs) was subscribed 1.43 times, non institutional investors 5 per cent and retail investors 4 per cent

Hotel room rates to revive after a decade as occupancy rises

Hotel room rates to revive after a decade as occupancy rises

Tue, Mar 06, 2018

As occupancy levels across hotels in the country stabilise between 65% and 68%, the Indian hospitality industry is hoping for a revival in room rates that have largely remained subdued since past many years.

Lemon Tree on expansion mode, set to launch IPO

Lemon Tree on expansion mode, set to launch IPO

Wed, Feb 28, 2018

Lemon Tree Hotels is all set to launch its Initial Public Offering (IPO) worth Rs 1,000-1,200 crore by end of March.The New Delhi-based hotel had received the market regulator Sebi’s nod for IPO last year on December 22.

Lemon Tree Hotels IPO soon; CMD Patanjali Keswani has unusual take on shareholders

Lemon Tree Hotels IPO soon; CMD Patanjali Keswani has unusual take on shareholders

Tue, Feb 27, 2018

While Lemon Tree Hotels doesn’t have a direct competitor in the listed space, it will be counted among the likes of Indian Hotels, EIH, Mahindra Holidays, Hotel Leela Ventures and Royal Orchid Hotels on the bourses

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