Lemon Tree Hotels signs new Mcleodganj hotel, to open next Sept
The hotel, with 39 keys, is owned by MK Enterprises. It will have a restaurant, a bar, a conference room, a swimming pool and a fitness centre.13-11-2021
13-11-2021
Lemon Tree Hotels Ltd - 541233 - Signing Of License Agreement In Mcleodganj, Himachal Pradesh
With reference to the captioned subject, we would like to inform you that the Company has signed a License Agreement for a 39 room upcoming Hotel at Mcleodganj in Dharamshala at Himachal Pradesh under the brand 'Lemon Tree Hotels'. The Hotel is expected to be operational by September, 2022. The Hotel will feature 39 well-appointed rooms and suites, complemented by a multi-cuisine restaurant and a bar. It will also have a conference room, and a swimming pool and fitness center for recreation. Please find attached herewith the copy of the press release. Further, it is hereby informed that the Hotel Operating Agreement and License Agreement for a hotel property under development (approximately 50 rooms) in Dindi at Andhara Pradesh has been terminated mutually, with the consent of the parties. Please take the above intimation on record.12-11-2021
Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Dear Sir Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that in continuation to the disclosure made on October 25, 2021 wr.t. the audio recordings of the conference call on unaudited financial results for the quarter and half year ended September 30, 2021 held on Monday, October 25, 2021 please find enclosed herewith the transcript of the conference call with investors/analysts. Kindly take the same on your record.01-11-2021
Buy Lemon Tree Hotels; target of Rs 65: ICICI Direct
ICICI Direct is bullish on Lemon Tree Hotels has recommended buy rating on the stock with a target price of Rs 65 in its research report dated October 26, 2021.28-10-2021
Earnings Call for Q2FY22 of Lemon Tree Hotels
Conference Call with Lemon Tree Hotels Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.26-10-2021
Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Dear Sir Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Investors Conference Call on unaudited financial results for the quarter and half year ended September 30, 2021 was held on Monday, October 25, 2021. The audio recording of the conference call has been uploaded at the Company''s website: https://www.lemontreehotels.com/factsheet/Policies/LTH_Q2_FY22_Concall_Audio.mp3 Kindly take the same on your record.25-10-2021
Q2FY22 Quarterly Result Announced for Lemon Tree Hotels Ltd.
Consolidated Financial: Revenue: Revenue from operations stood at Rs. 96.9 Cr in Q2 FY22, up 104% as compared to Rs. 47.6 Cr in Q2 FY21. On a sequential basis, revenue from operations increased 129.9% from Rs. 42.2 Cr in Q1 FY22 ADR increased by 14.1% from 2,654 in Q2 FY21 to 3,028 in Q2 FY22. On a sequential basis, ADR increased by 28.2% from Rs. 2,362 in Q1 FY22 Occupancy on full inventory increased by 1,860 bps from 32.4% in Q2 FY21 to 51.0% in Q2 FY22. On a sequential basis, the occupancy on full inventory increased by 2,135 bps from 29.6% in Q1 FY22 Cost: Total expenses stood at Rs. 63.0 Cr in Q2 FY22 up by 60.4% as compared to Rs. 39.3 Cr in Q2 FY21. On a sequential basis, expenses increased by 49.2% from Rs. 42.2 Cr in Q1 FY22 Operating Margins EBITDA increased by 150% from Rs. 14.3 Cr in Q2 FY21 to Rs. 35.8 Cr in Q2 FY22. EBITDA without other income increased by 308% from Rs. 8.3 Cr in Q2 FY21 to Rs. 33.9 Cr in Q2 FY22. On a sequential basis, EBITDA increased 1647% from Rs 2.0 Cr in Q1 FY22. EBITDA without other income increased from Rs. -0.1 Cr in Q1 FY22 to Rs. 33.9 Cr in Q2 FY22 EBITDA margin increased by 951 bps from 26.7% in Q2 FY21 to 36.2% in Q2 FY22. EBITDA margin without other income increased by 1,750 bps to 35.0% in Q2 FY22 from 17.5% in Q2 FY21. On a sequential basis, the EBITDA margin increased by 3159 bps from 4.6% in Q1 FY22. EBITDA margin without other income increased by 3514 bps to 35.0% in Q2 FY22 from -0.2% in Q2 FY21. Profit after tax Profit after tax improved from Rs. -53.5 Cr in Q2 FY21 to Rs. -33.2 Cr in Q2 FY22. The PAT in Q1 FY22 was Rs. -59.8 Cr Cash Profit for Q2 FY22 stood at Rs. -6.9** Cr vs Rs. -4.6* Cr in Q2 FY21. The Cash Profit in Q1 FY22 was Rs. -33.6** Cr Result PDF21-10-2021
Lemon Tree Hotels Ltd - 541233 - Board Meeting Outcome for Outcome Of The Board Meeting
Dear Sir We wish to inform you that the Board of Directors of Lemon Tree Hotels Limited (the "Company") at its meeting held today at 03.00 P.M. and concluded at 04.30 P.M., has, inter-alia, approved the Unaudited (Standalone & Consolidated) Financial Results for the Quarter and Half Year ended September 30, 2021 and took on record the Limited review report thereon. A copy of: A) Unaudited financial results (Standalone & Consolidated) for the Quarter and Half Year ended September 30, 2021; and B) Limited Review Report on Financial Results (Standalone & Consolidated) as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Investor presentation are enclosed herewith. This is for your information and record21-10-2021
Lemon Tree Hotels Ltd - 541233 - Results For The Quarter And Half Year Ended September 30, 2021
Dear Sir We wish to inform you that the Board of Directors of Lemon Tree Hotels Limited (the "Company") at its meeting held today at 03.00 P.M. and concluded at 04.30 P.M., has, inter-alia, approved the Unaudited (Standalone & Consolidated) Financial Results for the Quarter and Half Year ended September 30, 2021 and took on record the Limited review report thereon. A copy of: A) Unaudited financial results (Standalone & Consolidated) for the Quarter and Half Year ended September 30, 2021; and B) Limited Review Report on Financial Results (Standalone & Consolidated) as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Investor presentation are enclosed herewith. This is for your information and record.21-10-2021
Rains disrupt business revival of Uttarakhand, Kerala hotels
Both states put together have about 5,000 branded and unbranded hotels, including Radisson Blu, Lemon Tree, Ginger and Taj Hotels in Uttarakhand's Rudrapur, Pantnagar and Ramnagar20-10-2021