Tag: Lemon Tree

Lemon Tree Hotels Ltd announced it will be investing Rs 850 crore in the next three years for expanding its footprint in the country. The company has earmarked a total of Rs 1,700 crore for adding 1,500 rooms, which are currently under construction and expected to be completed by financial year 2021 and spent half of the total budget. “The total capital that will be deployed in these 1,500 rooms will about Rs 1,700 crore. Of this roughly half of it has already been deployed and another half of it will be deployed near completion by FY21. All the 1500 rooms ... Read more