Lemon Tree Hotels Limited is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017, according to the Horwath Report. It operates in the upscale segment and in the mid priced sector, consisting of the upper-midscale, midscale and economy segments.
Lemon Tree Hotels delivers differentiated yet superior service offerings, with a value-for-money proposition. It focuses on delivering a healthy ‘triple bottom line’ i.e. Planet, People and Profit through its sustainability initiatives. The holding from the Indian promotors decreased for the current FY20 from 31.24% to 25.88%.
Today we present before you the Equity report of Lemon Tree Hotels. Let’s dig deeper into the company analysis, and understand how it has been dealing with the COVID-19 situation.