Lemon Tree Hotels signs a new property in Uttar Pradesh

Lemon Tree Hotels announces its latest signing - Lemon Tree Hotel, Vrindavan. The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, and is expected to start operations in FY29.

Lemon Tree Hotel, Vrindavan will feature 120 well-appointed rooms, a restaurant, a lounge, a banquet, a meeting room, a swimming pool, a GYM, a SPA and other public areas.

The Indira Gandhi International Airport, New Delhi is approximately 148 kms and the upcoming Jewar International Airport is about 105 kms from the property. The Mathura Railway Station is about 16 kms away from the property. The hotel is also well-connected by road, offering easy access to both public and private transport.

Vrindavan, in Uttar Pradesh, is a sacred town associated with Lord Krishna's childhood and divine pastimes. Situated on the banks of the Yamuna River, it is a major pilgrimage site for Hindus, attracting devotees from around the world. The town is famous for its numerous temples, including Banke Bihari Temple, ISKCON Temple, and Prem Mandir, each dedicated to Krishna's devotion. Vrindavan comes alive during festivals like Holi and Janmashtami, offering a deeply spiritual and cultural experience.

Speaking on the occasion, Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels commented, "We are thrilled to expand our presence in Uttar Pradesh complementing our portfolio of seven existing hotels and 10 upcoming properties."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 136.90 as compared to the previous close of Rs. 143.75. The total number of shares traded during the day was 295204 in over 4180 trades.

The stock hit an intraday high of Rs. 143.45 and intraday low of 135.95. The net turnover during the day was Rs. 40773954.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 NewProperty UttarPradesh Vrindavan