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Lemon Tree Hotels rallies 3% on addition of new property in Pune

19 December, 2018 5:10 AM
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Lemon Tree Hotels rallies 3% on addition of new property in Pune

Lemon Tree Hotels shares gained 3 percent in morning on Wednesday as the company added new hotel property in Pune, Maharashtra.

The hotel chain company informed exchanges that it has signed a License Agreement for a 69 room property located at Viman Nagar, Pune, Maharashtra under its brand Lemon Tree Hotel.

It will third hotel besides other 2 hotels owned by the company in Pune.

Carnation Hotels Private Limited, the hotel management arm of the company will be operating and marketing this hotel, Lemon Tree said.

Source: moneycontrol.com

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