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Lemon Tree Hotels signs license agreement for upcoming Hotel in Himachal Pradesh

13 Nov 2021 Evaluate

Lemon Tree Hotels has signed a License Agreement for a 39 room upcoming Hotel at Mcleodganj in Dharamshala at Himachal Pradesh under the brand ‘Lemon Tree Hotels’. The hotel is expected to be operational by September, 2022. The hotel will feature 39 well-appointed rooms and suites, complemented by a multicuisine restaurant and a bar. It will also have a conference room, and a swimming pool and a fitness center for recreation.

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 744.60
ITC Hotels 155.95
Mahindra Holi.&Resor 200.45
EIH 309.30
Chalet Hotels 859.70
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