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 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.
Lemon Tree Hotels has posted strong sequential recovery in growth in Q3 FY21 to Rs 68.4 cr as revenues increased by 44% qoq driven by improvement in occupancy to 42.4% from 32.4% in Q2FY21: ANI