MoneyWorks4Me

Lemon Tree Hotels signs ‘Keys Select by Lemon Tree Hotels’ in Madhya Pradesh

29 Jul 2026 Evaluate

Lemon Tree Hotels has signed a License Agreement for hotel -- Keys Select by Lemon Tree Hotels, Panthpiplai, Ujjain in Madhya Pradesh. The property will be managed by Carnation Hotels, a wholly owned subsidiary of the company. This signing takes the group's portfolio in Madhya Pradesh to 15 properties, comprising three operational hotels and 12 upcoming properties, as it continues to strengthen its presence across the state's key commercial and pilgrimage markets.

The upcoming hotel will feature 51 well-appointed rooms, a restaurant, a banquet hall, meeting/conference hall, a swimming pool and fitness centre. This full-service midscale hotel will be well suited to the needs of travellers seeking convenient access between Indore and Ujjain. The hotel location offers excellent road connectivity, linking efficiently to major regional transport hubs. Devi Ahilyabai Holkar Airport (Indore) is around 41 km from the property, while the Ujjain Junction Railway Station is located 18.5 km away.

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..