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Lemon Tree Hotels executes HOA for new property in Uttar Pradesh

21 Jun 2025 Evaluate

Lemon Tree Hotels has executed Hotel Operation Agreement (HOA) in respect of upcoming hotel - at Greater Noida, Uttar Pradesh by Carnation Hotels, a wholly subsidiary of the company. Carnations Hotels shall operate the hotel under brand name ‘Lemon Tree Suites’ subject to execution of licence agreement by Lemon Tree Hotels.

Lemon Tree Suites, Greater Noida, Uttar Pradesh will feature 336 well-appointed suites, restaurants, a bar, a banquet, a swimming pool, a spa, a fitness center and other public areas. Indira Gandhi International Airport, New Delhi is approx. 39 kms away from the property. Ghaziabad Railway Station is approx. 13 kms from the property. It 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 714.45
ITC Hotels 160.25
Mahindra Holi.&Resor 195.20
EIH 302.15
Chalet Hotels 841.55
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