Lemon Tree Hotels: Results beat estimates, quality stock to play industry upcycle

Bharat Gianani • November 15, 2022 / 10:52 IST

H2, being a seasonally strong quarter, would see a further uptick in demand. LMNT is witnessing strong gains in room rates (both corporate as well as retail) and favourable demand-supply dynamics would further strengthen pricing.

Aurika hotels and resorts, Lemon Tree's upscale brand.

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Lemon Tree Hotels: Results beat estimates, quality stock to play industry upcycle

H2, being a seasonally strong quarter, would see a further uptick in demand. LMNT is witnessing strong gains in room rates (both corporate as well as retail) and favourable demand-supply dynamics would further strengthen pricing.

What Do You Get