Lemon Tree Hotels Is Renovating Its Way Through a Rough Patch — But the Payoff Isn’t Here Yet
India’s mid-market hotel chain posted a soft quarter even in peak season, with renovation disruptions and occupancy resistance denting what should have been a stronger show When a hotel company delivers its weakest performance in what is supposed to be its strongest quarter, investors have reason to pause. Lemon Tree Hotels did precisely that in … Read more