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Lemon Tree Hotels signs new property in Maharashtra

27 Feb 2025 Evaluate

Lemon Tree Hotels has signed - Lemon Tree Hotel, Shirdi, Maharashtra. The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, and is expected to start operations in FY 2028. 

Lemon Tree Hotel, Shirdi, Maharashtra will feature 50 well-appointed rooms, a restaurant, a banquet hall, a meeting room, a swimming pool, a spa and other public areas. The nearest airport, Shirdi International Airport, is around 14.8 kms from the property. Sainagar Shirdi Railway Station is about 3 kms away from the property. The hotel is also well-connected by road, offering easy access to 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 717.75
ITC Hotels 153.75
Mahindra Holi.&Resor 196.75
EIH 286.55
Chalet Hotels 876.35
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