Lemon Tree Hotels signs 11th property in Punjab

Lemon Tree Hotels Limited, India's fastest-growing mid-scale and premium hotel chain, today announced the signing of its latest property, Keys Lite by Lemon Tree Hotels, Kurali, Kharar.

This hotel will be franchised under Lemon Tree Hotels Limited for distribution and marketing purposes and further strengthens the company's presence in Punjab, catering to both business and leisure travellers with a fresh, vibrant, and value-driven experience.

Property Highlights

Keys Lite by Lemon Tree Hotels, Kurali, Kharar, in the dynamic Mohali district of Punjab. Kurali is a rapidly developing hub in the Kharar tehsil that balances urban convenience with the buzz of urban growth. Just a short drive from Chandigarh, this fast-developing corridor is known for its scenic surroundings, easy accessibility, and growing mix of business and leisure hubs. Whether you're visiting for work, a quick getaway, or simply passing through, Kurali offers the perfect balance of convenience and charm - where progress meets a slower pace of life.

The key features of the hotel will include:

- 38 well-appointed rooms
- A restaurant
- A banquet
- A conference hall
- Recreational facility includes a fitness center

The Shaheed Bhagat Singh International Airport, Chandigarh, is approximately 31 kms away from the property, while the Chandigarh Railway Station is about 30 kms away. The hotel is well connected by roadways for both public and private transport from all major cities in India.

Speaking on the occasion, Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels, commented, " With this signing, we are delighted to announce the signing of this new property in Punjab, where we already have two operational and eight upcoming hotels. This further strengthens our expanding footprint across key business and leisure destinations in North India. As the region continues to evolve into a vibrant residential and commercial hub, this property will offer travellers our signature blend of comfort, warmth, and refreshing hospitality that Lemon Tree Hotels is known for."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 165.75 as compared to the previous close of Rs. 168.45. The total number of shares traded during the day was 262751 in over 3287 trades.

The stock hit an intraday high of Rs. 170.80 and intraday low of 164.00. The net turnover during the day was Rs. 44294834.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 11thProperty Punjab