Lemon Tree Hotels Limited CC-Jun24.pdf · 2024-08-08
Sir, I have a question on Aurika Mumbai. You mentioned that the crew base has declined from about 200 rooms to about 100-odd rooms and given the fact that with low-rate business, ideally, I mean, in an environment, we will let go this kind of a business then to get the high rate business, right. But if I look at your occupancy from 66% in the last quarter, if I heard you right, it has gone down to 46%. Why did we let go this business when we were not getting some other high rates business?
Got that. And sir, I mean in the call, a lot of discussion has happened surrounding renovation, and you have given quite a few numbers. But I mean just to understand it simplistically, out of 5,800-odd old rooms that we have, how many were shut in Q1 FY25 because of renovation.