Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Lemon Tree Hotels Opens a stylish and modern hotel in Solan district

Posted On: 2018-05-16 13:19:28

Lemon Tree Hotels, India's largest hotel chain in the midpriced hotel sector*, today announced the opening of its new hotel, Lemon Tree Hotel, Baddi, marking its entry into this industrial town of Himachal Pradesh. Carnation Hotels Private Limited, the hotel management arm of Lemon Tree Hotels, will be managing this midscale hotel. The management agreement was signed by Rattan Keswani, Deputy Managing Director - Lemon Tree Hotels & Whole Time Director - Carnation Hotels, and M/s Royal Park (Owner).

Speaking on the occasion, Rattan Keswani, said: "We are pleased to add Lemon Tree Hotel, Baddi to the growing fleet of hotels and thank the promoters for their trust in us. This property enhances our portfolio mix and helps us enter the lucrative industrial town of Baddi, which is home to over 2000 medium and large industries besides being a convenient transit location for guests travelling to popular leisure destinations in the hills."

Expressing his delight at the opening, Ashok Kukreja, Managing Partner, M/s Royal Park stated, "We are happy to partner with Lemon Tree Hotels in bringing their midscale brand to Baddi. With their world class management by our side, we are sure to develop this new hotel into the most preferred destination amongst business and leisure travelers visiting this industrial town."

Branded as Lemon Tree Hotel, Baddi, the hotel is strategically located in the scenic locales of the Solan district, just off the Baddi-Nalagarh National Highway, a mere 45 minutes serene drive from the Chandigarh Airport and a 30 minutes drive from the famous Kalka railway station.

Surrounded by premier Pharmaceutical and FMCG industries, this hotel is in close proximity to stellar companies like Cipla, Cadila Healthcare, Cadburys, Hindustan Unilever Limited, Procter and Gamble, Abbott Laboratories, Ranbaxy Laboratories, Glenmark to name a few, and serves as a great place for a business stay.

Spread across 5 acres, this vibrant hotel, with pleasing fountains in the driveway, boasts of a magnificent swimming pool, manicured lawns, wide open spaces and a stylish ambience. It has a vibrant atrium and offers a mix of 49 rooms and suites, a multi-cuisine coffee shop - Citrus Café, a hip recreation bar - Slounge, a rejuvenating Spa-Fresco, an outdoor swimming pool as well as a fitness center to keep you feeling fresh-as-a-lemon.

For the transient and weekend travelers, the hotel offers easy access to important cities like Delhi, Jalandhar, Ropar, Ludhiana and Amritsar. It is also an ideal stopover for travelers driving to popular leisure destinations like Kulu Manali and Chail, besides being just 12 kms from Nalagarh, 71 kms from Solan and 120 kms from Shimla.

Designed to suit all experiences, the hotel encompasses ~25000 sq ft of combined banquet space. Together with Tangerine-a 3,000 sq.ft. modern conference room, a board room, two lush green lawns spreading over 10,000 sq.ft. each, and a terrace top venue it transforms into as a stunning venue for destination weddings, corporate events, social dos as well as stay conferences.

Lemon Tree Group operates 3 brands - Lemon Tree Premier (upper midscale), Lemon Tree Hotels (midscale) & Red Fox Hotels (economy) and currently owns and operates 50 hotels in 32 cities and aggregating ~4950 rooms. Lemon Tree Hotels already has one under construction hotel in Shimla, Himachal Pradesh.

Baddi is a scenic industrial town situated in the Solan District, on the border of Himachal Pradesh and Haryana. It prides in being Asia's biggest Pharmaceuticals hub, besides being home to over 2000 medium and large industries. The town is also known to contribute to half of the State's total revenues generated from the industry sector.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Welspun India Ltd board to approve quarterly results on July 27, 2018

Vardhman Special Steels Ltd board to announce Q1 results on July 28, 2018

Karnataka Bank bags MSME Banking Excellence Award

Time Technoplast Ltd board to consider 1st quarter results on Aug 2, 2018

TPL Plastech Ltd calls for board meeting on Aug 1, 2018

Kanpur Plastipack Ltd inaugurates new factory

JUST DIAL Ltd Q1 PAT up at Rs. 38.53 crores

Bata India Ltd Q1 net profit soars to Rs. 82.55 crores

IMP Powers Ltd successfully commissions two small hydro projects

UPL Limited announces acquisition of Arysta LifeScience Inc for $4.2 bn

MCX Posts 23% YoY Increase in Operating Income

Rama Phosphates Ltd board to approve 1st quarter results on July 30, 2018

Reliance Industries Ltd board to announce Q1 results on July 27, 2018

Visaka Industries Ltd calls for board meeting on Aug 2, 2018

CEAT Revenue rises in Q1 FY18-19, stands at INR 1,706 crore

IMP Powers Ltd commences production of Kinetic Energy Turbines at Silvassa

JK Lakshmi Cement Ltd calls for board meeting on Aug 2, 2018

KIOCL Ltd board to announce 1st quarter results on July 31, 2018

Power Grid Corporation of India Ltd board to consider quarterly results on July 31, 2018

RPG Life Sciences Ltd board to consider Q1 results on July 27, 2018

Saint-Gobain Sekurit India Ltd calls for board meeting on Aug 4, 2018

Intellect Design Arena Ltd board to consider preferential issue

Aditya Birla Capital Ltd board to approve 1st quarter results on Aug 8, 2018

Ajanta Pharma Ltd board to announce first quarter results on July 31, 2018

Indag Rubber Ltd calls for board meeting on Aug 14, 2018

Jubilant Life Sciences Ltd initiates I-131 MIBG OPTIMUM Trials

RITES Ltd Board to consider Dividend on July 30, 2018

National Peroxide Ltd calls for board meeting on Aug 2, 2018

Godawari Power & Ispat Ltd board to announce 1st quarter results on July 28, 2018

Kansai Nerolac Paints Ltd Announces Q1 Results FY 2018-2019

Kriti Nutrients Ltd board to consider quarterly results on July 31, 2018

NRB Industrial Bearings Ltd calls for board meeting on July 31, 2018

Onward Technologies PAT grows by 83% Q-o-Q, EPS up by 82%

TCS Named a Leader in Worldwide SAP Implementation Services in IDC MarketScape

Tata Global Beverages Limited board to consider Q1 results on Aug 1, 2018

DCM Shriram Industries Ltd calls for board meeting on Aug 11, 2018

Kaveri Seed Company Ltd fixes Aug 3, 2018 as record date for buy back

UPL Limited arm to acquire Arysta LifeScience Inc

L&T Finance Holdings Ltd Q1 net profit rises to Rs. 539.83 crores

Bajaj Holdings & Investment Ltd Q1 PAT climbs to Rs. 711.25 crores

MCX Q1 FY19 consolidated net profit slides to Rs. 7.33 crore

WIPRO Ltd consolidated Q1 PAT marginally up at Rs. 2093.8 crores

Havells India Ltd Q1 net profit surges to Rs. 210.40 crores

NELCO Ltd Q1 consolidated net profit jumps to Rs. 3.93 crore

Keltech Energies Ltd Q1 PAT drops to Rs. 2.05 crore

Sanwaria Consumer Ltd Q1 net profit at Rs. 32.17 crore

Ceat Ltd Q1 PAT zooms to Rs. 71.44 crores

Onward Technologies Ltd reports net profit of Rs. 2.10 crore in Q1

Srikalahasthi Pipes Limited updates on rumors

ATUL Ltd Q1 net profit climbs to Rs. 84.19 crore





Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018