Lemon Tree Hotels has signed two License Agreements viz. Lemon Tree Premier, Madurai and Keys Select By Lemon Tree Hotels, Mcleodganj. Both the properties shall be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
Lemon Tree Premier, Madurai will feature 100 well-appointed rooms, restaurant, banquet hall, meeting/conference room, swimming pool, fitness center. This signing further strengthens the group's footprint in Tamil Nadu, expanding its presence across key commercial and leisure markets. With this addition, the group’s portfolio in Tamil Nadu expands to eight properties, comprising five operational hotels and three upcoming developments.
Keys Select by Lemon Tree Hotels, Mcleodganj will feature 45 well-appointed rooms, restaurant, meeting/conference room, swimming pool, fitness center. This signing marks another step in the group's growth strategy in Himachal Pradesh, further expanding its presence in key leisure destinations. With this signing, the group's portfolio in Himachal Pradesh will comprise 12 hotels, including four operational and eight upcoming properties.
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.
| Company Name | CMP |
|---|---|
| The Indian Hotels Co | 718.65 |
| ITC Hotels | 167.40 |
| EIH | 301.10 |
| Chalet Hotels | 816.00 |
| Mahindra Holi.&Resor | 224.85 |
| View more.. | |
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