7 Lemon Tree hotels to open by end of this fiscal: Rattan Keswani

Rattan Keswani - Deputy MD, Lemon Tree Hotels - Director, Carnation Hotels Pvt. Ltd.Lemon Tree will be opening 7-8 hotels by the end of this fiscal year. Rattan Keswani, Deputy Managing Director, Lemon Tree Hotels says, “There are a lot of exciting things happening in the group. The recent one was the successful IPO where we opened hotels one after the other post that. It continues to be that way in the sense that we have about 7-8 opening due by the end of this fiscal. Fair amount of growth is being added in terms of inventory. From a managed piece, there are a few contracts in play. The market is firmer now and occupancies are stable even tough its summer.”