Can Lemon Tree Hotels become Debt Free and grow its EBITDA by 50% in the next 5 years
Trade Brains
SEPTEMBER 10, 2024
billion by 2029, with a CAGR of 4.73% over this period. During the same month, Lemon Tree signed a license for a property in Ayodhya managed by Carnation Hotels and expected to open by FY28 featuring 80 rooms. For the Upper Mid Scale it is Lemon Tree Premier, Keys Prima, and Economy Segment it is Redfox and Keys Lite.
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