MoneyWorks4Me

Lemon Tree Hotels has signed Lemon Tree Hotel, Satya Nagar, Bhubaneswar in Odisha. The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. The signing comes immediately after the launch of the company’s second operational hotel in Bhubaneswar, further reinforcing Lemon Tree Hotels’ long-term commitment to the city and confidence in Odisha’s growing hospitality potential.

Strategically located within the city, the upcoming hotel is well positioned to cater to diversified year-round travel demand. The upcoming property will feature 50 well-appointed rooms, along with a restaurant, banquet facilities, swimming pool, spa and fitness center, offering guests a comfortable and contemporary hospitality experience.

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 716.15
ITC Hotels 158.75
Mahindra Holi.&Resor 195.20
EIH 298.00
Chalet Hotels 830.20
View more..