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Lemon Tree Hotels signs a new property in Udaipur, Rajasthan

Posted On : 2024-03-01 19:01:14( TIMEZONE : IST )

Lemon Tree Hotels signs a new property in Udaipur, Rajasthan

Lemon Tree Hotels announced its latest signing - Keys Lite by Lemon Tree Hotels, Urban Suites, Udaipur. The property, which will be franchised by Lemon Tree Hotels Limited, is expected to open in FY25.

Udaipur is often referred to as the Venice of the East on account of the seven turquoise lakes that dot the city. Bound by the verdant Aravalli hills, Udaipur holds a variety of attractions for its visitors including history, culture, scenic locations, opulent Rajput-era palaces and vibrant markets. The attractions have also provided the best canvas for fairy tale weddings in the city.

Keys Lite by Lemon Tree Hotels, Urban Suites, Udaipur will feature 68 wellappointed rooms, a restaurant and other public areas.

The Maharana Pratap Airport is about 25 kms away, while the Udaipur City Railway Station is just about 10 kms away from the hotel. The hotel is also well connected by roadways for both public and private transport.

This will be the third property of Lemon Tree Hotels in the city besides one operational property - the upper upscale, Aurika, Udaipur and an upcoming property. Not just Udaipur, the brand is expanding its portfolio in Rajasthan and this opening will be in addition to seven existing and five upcoming properties in the state which has several tourist attractions that showcase its historical and religious significance.

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 141.20 as compared to the previous close of Rs. 139.70. The total number of shares traded during the day was 317338 in over 5174 trades.

The stock hit an intraday high of Rs. 143.35 and intraday low of 140.05. The net turnover during the day was Rs. 45205344.00.

Source : Equity Bulls


LemonTreeHotels INE970X01018 KeysLite UrbanSuites Udaipur