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Lemon Tree Hotels signs license agreement for 40-room hotel in Dehradun

02 Jan 2020 Evaluate

Lemon Tree Hotels has signed a license agreement for a 40 room upcoming hotel at Rajpur Road, Dehradun under the brand ‘Keys Prima’. The hotel is expected to be operational by August, 2020 and shall be 3rd hotel of the company and 1st Hotel under the Keys brand in Dehradun.  

The hotel will feature 40 well-appointed rooms, complemented by a multi-cuisine restaurant, a bar, meeting and conference spaces, and recreational facilities. The hotel is owned by Hotel Aketa.

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.
 

Peers
Company Name CMP
The Indian Hotels Co 737.20
ITC Hotels 158.85
Mahindra Holi.&Resor 199.15
EIH 303.70
Chalet Hotels 872.55
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