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Lemon Tree Hotels signs two properties in Mussoorie, Varanasi

30 Nov 2024 Evaluate

Lemon Tree Hotels has signed two properties in Mussoorie and Varanasi. Both properties shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels. 

Keys Prima by Lemon Tree Hotels, Kempty Road, Mussoorie will feature 47 well-appointed rooms, a restaurant, a rooftop lounge, a banquet, a meeting room, a swimming pool, a fitness centre and other public areas and is expected to open in FY 2026. 

Lemon Tree Hotel, Varanasi will feature 65 well-appointed rooms, a restaurant, a banquet, a meeting room, a bar, a swimming pool, a spa, a fitness centre and other public areas and is expected to open in FY 2028.

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 890.00
ITC Hotels 173.65
Mahindra Holi.&Resor 199.70
EIH 316.60
Chalet Hotels 825.15
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