Stock Report

Lemon Tree Hotels signs a new property in Vadodara, Gujarat

Posted On : 2024-02-29 14:27:51( TIMEZONE : IST )

Lemon Tree Hotels signs a new property in Vadodara, Gujarat

Lemon Tree Hotels announced its latest signing - Keys Lite by Lemon Tree Hotels, Vadodara. The property is expected to open in FY25 and shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of Lemon Tree Hotels Limited.

Known for its magnificent palaces, glorious past, and rich culture, the beautiful city of Vadodara is one of the top places to visit in Gujarat. The city is packed with interesting tourist spots and exciting activities. Blessed with an excellent climate, Vadodara welcomes travellers throughout the year.

Keys Lite by Lemon Tree Hotels, Vadodara will feature 63 well-appointed rooms, a restaurant, a banquet hall and a meeting room.

Vadodara airport is about 7 kms from the property, while the Vadodara Junction Railway Station is about 8 kms away. The hotel is connected by both public and private transport from all major cities in India.

Lemon Tree Hotels is expanding its portfolio in Gujarat and this opening will be in addition to six existing and six upcoming properties in the state which has several tourist attractions that showcase its historical and religious significance.

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 139.65 as compared to the previous close of Rs. 141.95. The total number of shares traded during the day was 248956 in over 4188 trades.

The stock hit an intraday high of Rs. 142.70 and intraday low of 138.75. The net turnover during the day was Rs. 34893501.00.

Source : Equity Bulls


LemonTreeHotels INE970X01018 KeysLite Vadodara