Lemon Tree Hotels Ltd has signed a License Agreement for a 60 room property including 15 luxury tents at Ranthambore, Rajasthan under the Company's brand 'Lemon Tree Premier'. The Hotel is expected to be operational by September, 2020.
Carnation Hotel Private Limited, the hotel management arm of the Company will be operating and marketing this Hotel.
Lemon Tree Hotels (LTH) is the largest mid-priced hotel sector chain, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017, according to the Horwath Report. LTH operates in the mid-priced hotel sector, consisting of the upper midscale, midscale and economy hotel segments and seeks to cater to Indian middle class guests and deliver differentiated yet superior service offerings, with a value—for—money proposition.
Lemon Tree hotels are located across India, in metro regions, including the NCR, Bengaluru, Hyderabad and Chennai, as well as tier I and tier II cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore and Aurangabad. New hotels will open shortly in Mumbai, Pune, Kolkata and Udaipur.