MoneyWorks4Me

Lemon Tree Hotels signs new property in Punjab

30 Oct 2024 Evaluate

Lemon Tree Hotels has signed a new property--Keys Select by Lemon Tree Hotels, Amritsar. The property, which shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, is expected to open in FY 2027. Amritsar, in Punjab, is rich in history, culture, and spirituality. 

Keys Select by Lemon Tree Hotels, Amritsar will feature 45 well-appointed rooms, a restaurant, a rooftop lounge, a meeting room, a swimming pool, a fitness center, and other public areas. Sri Guru Ram Dass Jee International Airport, Amritsar is approximately 13 kms while the Amritsar Railway Station is 2.4 kms from the property. The hotel is also well-connected by road, making it accessible by 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 721.10
ITC Hotels 158.95
Mahindra Holi.&Resor 193.50
EIH 296.00
Chalet Hotels 836.15
View more..