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Buy Lemon Tree Hotels for target price of Rs 140 (40% upside)

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Sep 9, 2023.

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Vidhi Khanna Active Member Staff Member

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LTHL has leadership position in midscale hotels segment with ~19% market share. It is well poised to capitalize from impending uptick in the hospitality industry. Its new hotel Aurika is likely to be a key growth driver & crown jewel with 75% occupancy & 2x ARR. Buy for target price of Rs 140 (40% upside)

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Vidhi Khanna, Sep 9, 2023

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