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. Continued investment in renovation and digital capabilities is expected to improve the position.
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