Lemon Tree Hotels signs a new property in Siliguri

Lemon Tree Hotels announces its latest signing - Keys Select by Lemon Tree Hotels, Siliguri. 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.

Keys Select by Lemon Tree Hotels, Siliguri will feature 63 well-appointed rooms, a restaurant, a banquet, recreation facilities and other public areas. Bagdogra Airport, the nearest airport, is approximately 18 kms from the property. Siliguri Railway Station is about 3 kms away from the property. The hotel is also wellconnected by road, offering easy access to both public and private transport.

Siliguri, a bustling city in West Bengal, is a vital commercial and transportation hub, often referred to as the "Gateway to the Northeast." Nestled at the foothills of the Himalayas, the city is known for its tea, timber, and tourism industries, with lush tea gardens, picturesque landscapes, and proximity to popular hill stations like Darjeeling, Kalimpong, and Gangtok. Siliguri is also home to major wildlife attractions such as Mahananda Wildlife Sanctuary.

Speaking on the occasion, Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels commented, "We are excited to strengthen our footprint in West Bengal, complementing our portfolio of two operational hotels and three upcoming hotels. This expansion reflects our commitment to delivering unparalleled hospitality and enriching the region's travel and business landscape."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 138.65 as compared to the previous close of Rs. 133.90. The total number of shares traded during the day was 227323 in over 2662 trades.

The stock hit an intraday high of Rs. 140.20 and intraday low of 134.80. The net turnover during the day was Rs. 31331221.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 NewProperty Siliguri