LEMON TREE HOTEL

Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months

Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.

Promoter pledged holdings decline in March quarter: Lemon Tree Hotels, Tata Communications, among others with highest drop

Bharat Forge, Lemon Tree Hotels, and Tata Communications completely released their pledged holdings from 7.1%, 3.3%, and 3.1%, respectively in the December quarter.

Smallcap boom is back! FIIs, mutual funds team up to shop at 200 such counters

Smallcap stocks rebound post-Sebi comments, with FIIs and mutual funds increasing stakes in 213 counters. Notable gainers include Transformers & Rectifiers, Puravankara, and Motilal Oswal Financial amid concerns over frothy valuations.

SAMHI Hotels, 2 more stocks set to sizzle this summer with up to 36% likely upside, says Kotak Equities

SAMHI Hotels, SAMHI Hotels share price, Kotak Equities, Chalet Hotels stock target, Indian Hotels stock target

Time to check in again? 10 hotel stocks across market cap, one with an upside potential of up to 27%

One of the sectors which has got strongly re-rated in the last four years has been hotel and tourism. Whenever there is a re-rating of a sector, it is the leader of that sector which tends to get re-rated first. So, it was the stocks of Indian hotels, which led the rally and then others joined the bandwagon. Now whether the industry has got re-rated should be judged by how the numbers have panned out across the companies in the sector. If there is an improvement across the board, then it is sectoral re-rating which is sustainable. If only one or two players have shown improvement then it is probably because the management of those companies have adopted a clever business strategy. Now the question is whether the re-rating will sustain or not. Second, whenever the markets are falling should one buy hotel stocks? The answer to these questions lies in looking at the fundamental numbers across the players in the industry. We take a look at 10 stocks, some of which are not rated, but their overall score is positive to neutral.

Market Trading Guide: Lemon Tree Hotels, IDBI among 5 stock recommendations for Thursday

Target Price: Rs 150 Stop Loss: Rs 140 Lemon Tree Hotels on the daily chart reveals a rectangle pattern, confirming a breakout with a gradual increase in volume bar, signaling buyer dominance. The strong closing above the resistance is now reflecting positive sentiment and price action. Support from the Fast (21) EMA suggests a bullish foundation for the upcoming days. The RSI is now hovering towards the northern zone, signalling upside momentum in the counter. (Drumil Vithlani, Technical Research Analyst, Bonanza Portfolio)

Hotel chains open hiring doors to all

Aashin Moitra returns to lead Kitty Su at The Lalit Suri Hospitality Group, emphasizing diversity. Lemon Tree Hotels aims for 30% ODI and 15% women by 2026. The industry sees increased diversity efforts post-pandemic.

For hotel chains, diversity goes beyond employing more women

From launching a hotel managed entirely by women, to operating cafes run by acid-attack survivors and roping in DJs and other staffers who are neurodivergent or differently abled, listed as well as private hotel chains are pushing the pedal on diversity.

These 4 stocks close crossing 5% below VWAP on March 13

Talent crunch gets severe as hotel chains bet big on expansion

Some blame this on inadequate compensation and unfavourable work environment, resulting in high talent churn in the industry.

BEML among 4 stocks closed above VWAP on February 14

Lemon Tree to branch out, open 30 new hotels this year

Patanjali Keswani, chairman and MD of Lemon Tree Hotels told ET in an interview that this year's expansion will include the opening of a Lemon Tree resort in Bhutan and the launch of 3-4 hotels and resorts in Nepal. Last year, the BSE-listed co had launched 1,375 new rooms across 14 hotels, including India's biggest hotel - the 669-room Aurika Mumbai Skycity.

Hotels stocks rally up to 10% on Budget booster to tourism; which ones to buy?

Shares of hotel companies and travel solutions providers surged after the government announced measures in the Interim Budget for FY25 to boost leisure and spiritual tourism. The tourism industry received an allocation of Rs 2,449 crore to develop India as a hub for business and conference tourism. The government also proposed interest-free loans to states for the development of iconic tourist destinations.

Buy or Sell: Stock ideas by experts for January 29, 2024

Fundamental Radar: 5 factors make Lemon Tree a compelling bet in hospitality space: Kruttika Mishra

Lemon Tree Hotels, India's largest mid-priced hotel chain, has witnessed strong performance due to a favourable industry scenario and an asset light model. The company is expected to benefit from strong industry tailwinds, with room demand projected to remain high in the next few years. Lemon Tree has a strong pipeline of new hotels and recently opened Aurika Mumbai, which is expected to see improvements in occupancies in Q4 FY24.

Fundamental Radar I 5 factors make Lemon Tree a compelling bet in hospitality space: Kruttika Mishra

Technical Breakout Stocks: How to trade Borosil Renewables, Lemon Tree Hotels and Cipla on Wednesday

Sectorally, selling was seen in realty, public sector, metal, oil & gas, and energy space while some buying was seen in healthcare. Sharp selloff was also seen in the small & midcap spaces, which plunged nearly 3% each.

Fundamental Radar: What’s likely to help Lemon Tree emerge stronger in hospitality segment?

Lemon Tree Hotels has established a niche for itself in the mid-market segment and is expanding its presence in the top segment. The company is expected to benefit from rising demand and slower supply in key markets like NCR and Mumbai. The recent opening of mega convention centers in these cities will bring significant changes in dynamics.

Fundamental Radar I What’s likely to help Lemon Tree emerge stronger in the hospitality segment?

Technical Breakout Stocks: How to trade Lemon Tree Hotels, GSFC and SPARC on Wednesday?

Indian market pared gains and closed lower on Tuesday tracking muted cues. The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 21,700 levels.

Lemon Tree shares jump 6% as Motilal revises target upwards

The target upgrade in Lemon Tree comes on the back of the company signing a franchise agreement for an upcoming hotel in Mussoorie, Uttarakhand. This opening will be in addition to its eight existing and seven upcoming hotels & resorts in the state, the company filing of December 28 said.

Vikramjit Singh resigns as president of Lemon Tree Hotels

Lemon Tree Hotels announced in a regulatory filing that Vikramjit Singh, the company's president, has resigned to pursue entrepreneurial endeavors. The resignation, effective January 31, 2024, was disclosed on Wednesday. Singh has served the hotel chain for 18 years. In his resignation letter, Singh cited no 'material reasons' for his departure.

Lemon Tree Hotels gains 23% in three months, should you stay invested?

A key reason for this optimism is that the company is placed well among the listed mid-sized hotels to gain meaningfully from improving demand. A pick-up in the corporate travel, meetings, incentives, conferences and exhibitions (MICE), and a demand-supply mismatch in the mid-market segment augurs well for the hotel companies.