MoneyWorks4Me

Lemon Tree Hotels has opened a hotel under brand name ‘Red Fox Hotel’ in Morjim, Goa on July 8, 2018. This is economy segment hotel is located just near to Morjim Beach and will offer 111 stylish rooms.

With opening of this, the hotel operates 50 hotels including managed properties across 31 cities.

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017.

Peers
Company Name CMP
The Indian Hotels Co 717.75
ITC Hotels 153.75
Mahindra Holi.&Resor 196.75
EIH 286.55
Chalet Hotels 876.35
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