Introduction:
Hotel stock has signed a franchise agreement for a new property in Moga, Punjab. Expected to open in FY 2026, the hotel will feature 30 rooms, dining, event spaces, and fitness amenities, catering to business and leisure travelers in this growing hospitality market.
Share Price movement of Lemon Tree Hotels:
On February 13, 2025, Lemon Tree Hotels Limited opened at ₹131.11, reaching a high of ₹134.94 up 2.04% from its previous close of ₹130.70 and a low of ₹131.11. Currently, it is trading at ₹133.36, with a market cap of ₹10,565.40 crore.
Lemon Tree Hotels signs new property:
Lemon Tree Hotels has signed a franchise agreement for Keys Lite by Lemon Tree Hotels in Moga, Punjab. This upcoming hotel will feature 30 rooms, a restaurant, a terrace lounge, a banquet hall, a fitness center, and meeting spaces and is expected to open in FY 2026.
Moga, known as the “Land of Milk and Milk Products,” is a thriving city with a strong agricultural and industrial presence. The city blends traditional Punjabi culture with modern growth, offering vibrant markets, historical landmarks, and emerging business and educational hubs, making it a prime hospitality destination.
The hotel is strategically located 3.6 km from Moga Railway Station, with Bhatinda Railway Station 104 km away and Shaheed Bhagat Singh Airport 163 km away. Well-connected by road, the property will provide easy access to travelers, enhancing Lemon Tree Hotels’ presence in Punjab’s growing hospitality sector.
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Recent news About Lemon Tree Hotels :
Lemon Tree Hotels has announced plans to list its subsidiary, Fleur Hotels, within the next 24 months. This strategic move aims to unlock value and fuel expansion. Additionally, the company has secured a contract to redevelop and operate a hotel in Shillong, Meghalaya, further strengthening its presence in Northeast India.
Stock performance of Lemon Tree Hotels for Period of 1 week, 6 months and 1 year:
Lemon Tree Hotels stock declined 10.5% over the past week, reflecting short-term volatility. However, in the last six months, it gained 9.87%, showing positive momentum. Over the past year, the stock dropped 3.61%, indicating fluctuating performance despite recent recovery in the hospitality sector.
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Shareholding pattern of Lemon Tree Hotels:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 22.77 | 22.77 | 22.8 |
| FII | 20.01 | 21.75 | 27.61 |
| DII | 20.8 | 18.91 | 15.2 |
| Retail & others | 36.42 | 36.57 | 34.4 |
About Lemon Tree Hotels:
Lemon Tree Hotels is a leading mid-priced hotel chain in India, offering premium accommodations across business and leisure destinations. Known for its vibrant hospitality and expanding portfolio, it operates multiple brands catering to diverse travelers, ensuring comfort, affordability, and quality service in key locations nationwide.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
