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Lemon Tree Hotels signs new property in Kharar near Chandigarh

26 Apr 2022 Evaluate

Lemon Tree Hotels has signed new property in Kharar near Chandigarh. This hotel, owned by Omni Pacific Colonisers is expected to open by November 2025, and shall be managed by Carnation Hotels, a subsidiary and the management arm of Lemon Tree Hotels. Positioned in the urban region of Punjab, it is among the 4 blocks of Sahibzada Ajit Singh Nagar district. Kharar is a fast-growing business and cultural hub in Punjab that has many tourist attractions to explore. From Gurudwaras and temples to amusement parks, gardens, lakes, and sanctuaries, the city has everything to delight a traveler.

Located in the Mohali region, this property will feature 60 well-appointed rooms, complemented by a multi-cuisine restaurant and a bar. It will also have a conference room, banquet facility, a spa and a fitness centre 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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