Lemon Tree signs MoU to operate 4,000 hotel keys

Lemon Tree signs MoU to operate 4,000 hotel keys. The company and its subsidiary Carnation Hotels signed an MoU with Omaxe Limited to develop hotels across key Indian destinations. This 4,000-key partnership marks a significant expansion move in the hospitality sector. The collaboration aims to boost Lemon Tree’s footprint in the mid to upper-mid segment.

📊 STOCKS: $LEMONTREE | 🏢 SECTOR: Realty | #MEDIUMIMPACT #Hospitality