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Adverse Business Impact

Lemon Tree Hotels Adverse Business Impact

Lemon Tree Hotels' subsidiary, Berggruen Hotels, has terminated its Master Service Agreement for the 'Keys Select Hotel Nestor' in Mumbai. The termination follows non-payment of management fees by CS Hospitality and other partners. Management indicates no significant financial impact on the company arising from this termination.

Source

BSE filing, NSE: LEMONTREE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Lemon Tree Hotels Ltd: key numbers

Share price
₹107.15
Market cap
₹8,489 Cr
Revenue (annual)
₹1,444 Cr
Net profit (annual)
₹227.1 Cr
P/E (TTM)
36.1×Sector 43.4×
Promoter holding
22.32%+0.00% QoQ
FII holding
18.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Partnership

Lemon Tree Hotels Partnership

Lemon Tree Hotels signed an MoU with Omaxe Limited to operate approximately 4,000 hotel keys across India. This represents the company's largest single operating arrangement to date.

From
Omaxe Limited
hotel keys
4000.0 keys

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