Lemon Tree Hotels’ subsidiary Company ‘Iora Hotels Private’ (IORA) has received final pro - construction approval i.e. Consent to Establish from Maharashtra Pollution Control Board (MPCB) for commencing construction of its 577 rooms & suites property with large convention center to be opened under the company’s brand 'Lemon Tree Premier’, located next to Mumbai International Airport, Mumbai, which is the most demand dense and highest barrier to entry hotel market in India.
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.
