Scaling new heights

Company
02 Jan 2024
5 Min read 
  • Lemon Tree Hotels expanding upscale/luxury segment, increasing inventory through management contracts.
  •  Expected to benefit from rising demand and slower supply in key markets.
  •  Convention centers in NCR and Mumbai driving demand for hotels.
  •  Opening of Aurika Sky City Mumbai expected to boost revenue and EBITDA.
  •  Strong pipeline of managed rooms, aiming for 55% share by FY27.
  •  Expected strong revenue and EBITDA growth, improved return on equity.
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