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Lemon Tree Hotels signs new property in Pune

12 Sep 2024 Evaluate

Lemon Tree Hotels has signed new property -- Lemon Tree Hotel, Pune. The property, which shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, is expected to open in FY 2026. 

Lemon Tree Hotel, Pune will feature 117 well-appointed rooms, a restaurant, a bar, a meeting room, banquet facilities, a swimming pool and a spa. The Pune International Airport is about 21 kms from the property while Pune Railway Station is about 20 kms away. The hotel is also well connected by roadways for both public and private transport. 

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 784.00
ITC Hotels 156.20
Mahindra Holi.&Resor 186.15
EIH 288.40
Chalet Hotels 789.55
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