Lemon Tree Hotels Limited — Important, 12-12-2024: General Updates

Lemon Tree Hotels has opened the Lemon Tree Resort in Thimphu, Bhutan, marking the group's second property in the region. The resort features 60 rooms and a villa, with 48 rooms and the villa available in the initial phase. Facilities include the Citrus Café, a multi-cuisine coffee shop, and Slounge, a recreation bar. Upcoming expansions will introduce a fitness center, heated swimming pool, and a spa. Positioned amid the scenic beauty of Bhutan, the resort is poised to attract tourists seeking cultural and natural experiences. This development aligns with Lemon Tree Hotels' strategy to enhance its portfolio and presence in international markets, suggesting a positive outlook and growth potential for investors.