Lemon Tree to invest Rs 850 crore on capex in 3 years

Lemon Tree Hotels Ltd today said it will be investing Rs 850 crore in the next three years for expanding its footprint in the country. President of Lemon Tree Hotels, Vikramjit Singh said, they have earmarked a total of Rs 1,700 crore for adding1,500 rooms, which are currently under construction and expected to be completed by financial year 2021and spent half of the total budget.

Lemon Tree to invest Rs 850 crore on
Lemon Tree Hotels Ltd today said it will be investing Rs 850 crore in the next three years for expanding its footprint in the country. image source: Official website

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x