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.