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What is the story about?
Hospitality firm Lemon Tree Hotels Ltd on Friday (October 23) announced the signing of a 63-room Keys Lite by Lemon Tree Hotels property in Bhilwara, Rajasthan.
With this addition, the group will have 14 operational hotels and 10 upcoming properties in the state. The hotel will be managed by Carnation Hotels Private Ltd, a wholly owned subsidiary of Lemon Tree Hotels.
The property will feature 63 rooms, a restaurant, banquet facilities, a meeting and conference room, a fitness centre and other public areas. It will cater to both business and leisure travellers.
ALSO READ | Lemon Tree Hotels signs 52-room Keys Select property in Bareilly, Uttar Pradesh
Bhilwara is a commercial centre in Rajasthan known for its textile industry and business activity. The city also provides access to regional cultural and heritage attractions.
The hotel will be located approximately 1.5 km from Bhilwara Railway Station and around 148 km from Maharana Pratap Airport in Udaipur.
Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd, said, "Rajasthan continues to be an important growth market for us, defined by a strong mix of commercial dynamism and rich tourism.
ALSO READ | Lemon Tree Hotels opens 12th Gujarat property in Bharuch, 20 more hotels in pipeline
Bhilwara, a key textile and industrial centre, presents a natural opportunity for Keys Lite to cater to the rising demand for reliable, value-driven hospitality. This signing scales our footprint to 24 hotels in the state and underscores our focused approach to expanding across India’s key industrial hubs and emerging secondary markets."
Lemon Tree Hotels operates 130+ hotels across 80+ cities in India and abroad, with a growing pipeline of 140+ upcoming properties. Shares of Lemon Tree Hotels Ltd ended at ₹110.00, down by ₹0.95, or 0.86%, on the BSE.
With this addition, the group will have 14 operational hotels and 10 upcoming properties in the state. The hotel will be managed by Carnation Hotels Private Ltd, a wholly owned subsidiary of Lemon Tree Hotels.
The property will feature 63 rooms, a restaurant, banquet facilities, a meeting and conference room, a fitness centre and other public areas. It will cater to both business and leisure travellers.
ALSO READ | Lemon Tree Hotels signs 52-room Keys Select property in Bareilly, Uttar Pradesh
Bhilwara is a commercial centre in Rajasthan known for its textile industry and business activity. The city also provides access to regional cultural and heritage attractions.
The hotel will be located approximately 1.5 km from Bhilwara Railway Station and around 148 km from Maharana Pratap Airport in Udaipur.
Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd, said, "Rajasthan continues to be an important growth market for us, defined by a strong mix of commercial dynamism and rich tourism.
ALSO READ | Lemon Tree Hotels opens 12th Gujarat property in Bharuch, 20 more hotels in pipeline
Bhilwara, a key textile and industrial centre, presents a natural opportunity for Keys Lite to cater to the rising demand for reliable, value-driven hospitality. This signing scales our footprint to 24 hotels in the state and underscores our focused approach to expanding across India’s key industrial hubs and emerging secondary markets."
Lemon Tree Hotels operates 130+ hotels across 80+ cities in India and abroad, with a growing pipeline of 140+ upcoming properties. Shares of Lemon Tree Hotels Ltd ended at ₹110.00, down by ₹0.95, or 0.86%, on the BSE.
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