Lemon Tree Hotels Opens New Property in Kufri, Himachal Pradesh
The opening of a new hotel is likely to have a moderate positive impact on the company's revenue and brand presence.
The announcement details the opening of a new hotel, which is a positive development for the company's growth and expansion.
* Lemon Tree Hotels Limited has announced the opening of Keys Select by Lemon Tree Hotels in Kufri, Himachal Pradesh. * This is the group's 4th property in Himachal Pradesh. * The hotel features 49 rooms and suites and will open in two phases. * Phase-I includes 32 rooms and suites, a multi-cuisine restaurant, a fitness center, and an open deck Jacuzzi. * Phase-II will include the remaining 17 rooms and a rejuvenating spa. * The hotel is managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
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Lemon Tree Hotels Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Lemon Tree Hotels Limited. Read the original for the full detail.