Lemon Tree Hotels has established a niche for itself in the mid-market segment and is expanding its presence in the top segment. The company is expected to benefit from rising demand and slower supply in key markets like NCR and Mumbai. The recent opening of mega convention centers in these cities will bring significant changes in dynamics.
Normally, the growth tends to slow down after the festivals, but this year it has continued well beyond that period, noted Motilal Oswal Financial Services.
The day s proceedings were marred by repeated adjournments in the Lok Sabha on Monday. In the post-lunch sitting, the Opposition MPs entered the Well of the House demanding a discussion on the December 13 security breach. As the House was passing the Post Office Bill, three Congress MPs - Vijay Vasanth, K Jayakumar and Abdul Khaleque - climbed stairs and stood next to the Speaker s chair holding placards and raising slogans. The House was adjourned at 2.50 pm for 10 minutes till 3 pm.