The recovery of corporate travel and an uptick in leisure travel demand over the past one year has held hotel companies, including Lemon Tree Hotels in good stead. Lemon Tree has ended FY23 on a ...
In the near term, the stabilization of Aurika and further successful ramp-up are vital for earnings growth, while renovation expenses could hurt profitability. FY25 renovation expenses stood at 2.7% ...
Air traffic growth has remained stable, growing 6% YoY in 1HFY25, indicating strong domestic travel demand. For 2024, India could see inbound tourist arrivals touch the one crore mark, as compared 92 ...
The shares of Lemon Tree Hotels jumped over 4 percent on February 5 after the company reported a 77 percent year-on-year rise in net profit for the quarter which ended on December 31, 2024. The shares ...
Brokerage firms across the board continue to remain positive on Indian hotel sector after o HVS Anarock’s latest report for January 2025, which stated that average room rent (ARR) grew 10-12 per cent ...
SBI Securities has identified Lemon Tree Hotels Ltd as its ‘Pick of the Week’, maintaining a ‘Buy’ call on the stock. The brokerage has set a 12-month target price of Rs 201, indicating an upside ...
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