Lemon Tree Hotels signs a new property in Uttar Pradesh

Lemon Tree Hotels Limited, India's fastestgrowing mid-scale and premium hotel chain, today announced the signing of its latest property, Keys Select by Lemon Tree Hotels, Mahoba, Uttar Pradesh.

This property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. It will further strengthen the company's presence in Uttar Pradesh, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience.

Property Highlights

Keys Select by Lemon Tree Hotels, Mahoba, Uttar Pradesh is in the Bundelkhand region of Uttar Pradesh and serves as the district headquarters. The city is home to monumental relics including the 9th-century granite Sun Temple built in the Pratihara style and rock-cut Jain Tirthankaras. Other attractions include the Kirat Sagar and Madan Sagar lakes and the Badi Chandrika Devi temple. Rich in layers of myth and martial legacy, Mahoba is celebrated in the ballads of the warriorbrothers Alha and Udal who defended the region's honour. Today it offers visitors a charming mix of ancient forts, rock-cut shrines, and tranquil lakes set amidst the rugged landscapes of Bundelkhand - making it an evocative window into India's medieval past.

The key features of the hotel will include:

- 52 well-appointed rooms
- A restaurant
- A banquet and a conference hall
- Recreational facility includes a swimming pool and a fitness center

The Khajuraho Airport is approximately 75 kms away from the property, while the Mahoba Railway Junction is about 5 kms away. The hotel is well connected by roadways for both public and private transport.

Speaking on the occasion, Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels, commented, "With this signing, we will expand our leisure and business portfolio in Uttar Pradesh, a state where we have eight operational and 13 upcoming properties in addition to this one. The state, with its booming commerce, distinct culture and testament to India's rich heritage, is the perfect destination for hospitality. While expanding its footprint across the country across cities of all tiers, this signing by Lemon Tree Hotels perfectly aligns with the company's vision of offering refreshing and comfortable stays across all destinations."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 156.70 as compared to the previous close of Rs. 155.20. The total number of shares traded during the day was 263035 in over 3442 trades.

The stock hit an intraday high of Rs. 160.45 and intraday low of 155.15. The net turnover during the day was Rs. 41669634.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 NewProperty KeysSelect Mahoba UttarPradesh