Lemon Tree Hotels’ wholly owned subsidiary and management arm -- Carnation Hotels has inked three individual management contracts for three new hotels in the State of Uttarakhand; one each in Rishikesh, Neelkanth and Mussoorie.
With these new signings, Lemon Tree Hotels, the largest hotel chain in the mid-priced hotel sector, further solidifies its presence in India as a market leader, thereby adding more depth to its leisure portfolio.
Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017, according to the Horwath Report.
