Mon, Mar 26, 2018
Lemon Tree Hotels IPO: Lemon Tree is one of the largest hotel chain in the mid-priced hotel sector and one of the most cost efficient players in the segment. However, despite being operationally & capex efficient and occupancy of over 70 per cent in each of it’s brands the company has low RoCE.
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Tue, Mar 20, 2018
Lemon Tree Hotels IPO is an offer for sale (OFS) and comprises sale of up to 195,797,000 equity shares by existing shareholders such as Maplewood, RJ Corp, RKJ HUF, Five Star, Palms International, Citron and Whispering Resorts.
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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