Latest news with #LemonTreeHotels
Business Standard
16-07-2025
- Business
- Business Standard
Lemon Tree Hotels launches 6th property in Tamil Nadu
Lemon Tree Hotels has signed a license agreement viz Lemon Tree Resort, Erode, Tamil Nadu. This managed hotel is the group's sixth property in Tamil Nadu. The property shall be managed by the companys wholly owned subsidiary, Carnation Hotels. Lemon Tree Resort, Erode, Tamil Nadu, will feature 64 well-appointed rooms, Citrus Caf multi-cuisine restaurant, and a conference facility to meet the requirements of discerning guests. Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The company reported a 26.37% jump in consolidated net profit to Rs 84.64 crore, while revenue from operations rose 15.64% to Rs 378.51 crore in Q4 March 2025 over Q4 March 2024. Shares of Lemon Tree Hotels rose 0.95% to Rs 153.50 on the BSE.
Yahoo
01-07-2025
- Business
- Yahoo
Lemon Tree Hotels to expand in India with new property
Indian hotel chain Lemon Tree Hotels has signed a new Lemon Tree Suites property in Nashik, Maharashtra, which is to be managed by its wholly owned subsidiary Carnation Hotels. The upcoming property will offer 135 suites, complemented by a restaurant, lounge, banquet, and meeting room. It will also feature swimming pool, fitness centre, spa, and other public areas. Located 27km from Nashik International Airport and 12km from Nashik Railway Station, the hotel is strategically positioned for accessibility by both public and private transport. Nashik is revered as a holy city on the banks of the River Godavari and a destination for religious tourism, hosting the Kumbh Mela. It is also recognised as the 'Wine Capital of India', with more than half of the country's vineyards and wineries situated in the region, contributing substantially to India's economy. Lemon Tree Hotels managed and franchise business CEO Vilas Pawar said: "We are delighted to expand our footprint in Maharashtra. The launch of this new property not only reinforces our presence in Maharashtra, where we already operate 14 hotels and have six more in the pipeline, but also aligns with our broader strategy for sustained growth across key markets." Lemon Tree Hotels, known for its diverse portfolio across various segments, owns, leases, operates, and franchises hotels under seven distinct brands, including Aurika Hotels & Resorts, Lemon Tree Hotels and Red Fox Hotels. The company's presence in the hospitality sector is further solidified by its recent signing of Lemon Tree Hotel, Pune, Maharashtra, last September. "Lemon Tree Hotels to expand in India with new property" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
27-06-2025
- Business
- Business Standard
Lemon Tree Hotels inks new property in Nashik under Lemon Tree Suites brand
Lemon Tree Hotels has announced the signing of a new property, Lemon Tree Suites, Nashik, expanding its presence in Maharashtra. The hotel will be managed by Carnation Hotels, the companys wholly-owned subsidiary. The upcoming property will feature 135 well-appointed suites and a range of amenities including a restaurant, lounge, banquet hall, meeting room, swimming pool, fitness center, spa, and other public areas. Strategically located, the hotel is approximately 27 km from Nashik International Airport and 12 km from Nashik Railway Station, with convenient access via public and private road transport. Vilas Pawar, CEO of Managed & Franchise Business, Lemon Tree Hotels commented, "We are delighted to expand our footprint in Maharashtra. The launch of this new property not only reinforces our presence in Maharashtra, where we already operate 14 hotels and have six more in the pipeline, but also aligns with our broader strategy for sustained growth across key markets." Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests needs across all levels, viz. Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The company reported a 26.37% jump in consolidated net profit to Rs 84.64 crore, while revenue from operations rose 15.64% to Rs 378.51 crore in Q4 March 2025 over Q4 March 2024. The counter rose 0.18% to Rs 138.40 on the BSE.
Yahoo
27-06-2025
- Business
- Yahoo
Lemon Tree Hotels expands portfolio with new property in Surat, India
Indian hotel chain Lemon Tree Hotels has expanded its portfolio with the addition of a new 108-room property in Surat, Gujarat, India. Wholly owned subsidiary Carnation Hotels will manage the upcoming Lemon Tree Premier hotel, which will cater to both business and leisure travellers. Amenities at the new Lemon Tree Premier encompass a restaurant, banquet space, meeting room, swimming pool, gym, and spa. Known as the 'Diamond City of India' and the 'Silk City', Surat is a commercial centre known for its diamond cutting and polishing industry, as well as its silk and synthetic fabric production. Lemon Tree Hotels managed and franchise business CEO Vilas Pawar said: 'We are excited to expand further in the eastern part of the country. This opening will be in addition to our nine existing and 17 upcoming hotels and resorts in the state. 'The rich culture and state's pro-business policies, infrastructure development and strategic location are a great draw for business and leisure travellers.' Lemon Tree Hotels operates across various segments and features seven brands, including Aurika Hotels & Resorts, Keys Prima, and Keys Lite. The company's portfolio currently includes more than 220 hotels, with over 100 new hotels expected to launch soon. This expansion follows the company's announcement in September 2024 of a new hotel signing in Gir, Gujarat. "Lemon Tree Hotels expands portfolio with new property in Surat, India" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Standard
24-06-2025
- Business
- Business Standard
Lemon Tree Hotels gains on inking franchise agreement for new property in Kharar, Punjab
Lemon Tree Hotels rose 1.15% to Rs 136.35 after the company announced that it has signed a franchise agreement for an upcoming hotel in Kharar, Punjab, under its brand Keys Lite by Lemon Tree Hotels. The hotel will feature 47 well-appointed rooms along with a range of facilities, including a restaurant, banquet hall, meeting room, fitness centre, swimming pool, spa, and other public areas. Strategically located, the property is approximately 26 kilometers from Shaheed Bhagat Singh International Airport, Chandigarh, and around 28 kilometers from Chandigarh Railway Station. It is also well-connected by road, offering easy access via both public and private transportation. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels commented, We are delighted to announce the expansion of our portfolio in Punjab. Lemon Tree Hotels is expanding its presence across the countries in cities across all tiers to become the most preferred hospitality chain across different segments. This opening will be in addition to our two existing and seven upcoming hotels in Punjab. Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests needs across all levels, viz. Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels and Keys Lite by Lemon Tree Hotels. The company reported a 26.37% jump in consolidated net profit to Rs 84.64 crore, while revenue from operations rose 15.64% to Rs 378.51 crore in Q4 March 2025 over Q4 March 2024.
