Lemon Tree Hotels Limited — Others, 22-11-2024: Change in Management

Ms. Harleen Mehta, Senior Vice President - Sales at Lemon Tree Hotels, has resigned to pursue new career opportunities, with her last working day set for January 20, 2025. To ensure a seamless transition, Sanjay Rai, currently the Strategic Advisor to the CMD and Head of National Sales, will take on the role of Chief Revenue Officer, expanding his responsibilities to include Revenue Management & Distribution, Loyalty, PR & Communications, and Brand Marketing.

This management change may signal a strategic refocus within the company, potentially enhancing operational efficiencies. Investor sentiment could trend positively with the appointment of Sanjay Rai, given his established expertise, which may foster confidence in future revenue generation and organizational stability.