Categories: Business

Lemon Tree Hotels opens new hotel in Gujarat, shares surge

Photo: AGODA

Lemon Tree Hotels opens new property in Gujarat

new Delhi. Hospitality company Lemon Tree Hotels said on Wednesday that it has started a new hotel in Dwarka, Gujarat. The company said the hotel has 109 rooms and suites, and will be managed by Carnation Hotels, a subsidiary of Lemon Tree Hotels and the hotel management arm.

The hotel is near Dwarkadhish Temple in Gujarat. The company told the stock market that this hotel has been started with the Lemon Tree Premier brand name. Lemon Tree Hotels currently operates 8100 rooms with 81 hotels in 49 locations in India and abroad.

The company operates under various brands such as Aurica Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels, Prima, Key Select and Key Light.

On the BSE, Lemon Tree Hotel shares were trading up 6.37 per cent at Rs 28.40.

This post was published on August 12, 2020 1:48 pm

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