Lemon Tree Hotels signs a new property in Uttarakhand

Lemon Tree Hotels announces its latest signing - Lemon Tree Hotel, Mohkampur, Dehradun. This property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

Lemon Tree Hotel, Mohkampur, Dehradun will feature 98 well-appointed rooms, a restaurant, a lounge, a conference room, a swimming pool, a fitness center and other recreational facilities. The Jolly Grant Airport is approximately 18 kms away from the property, while the Dehradun Railway Station is about 9 kms away. The hotel is well connected by roadways for both public and private transport. The upcoming hotel enjoys a unique location within the Mall of Dehradun, the city's premier lifestyle and retail destination. Offering guests direct access to a vibrant mix of shopping, dining, and entertainment options, it stands apart as a hub for both business and leisure travellers.

Located in the Doon Valley on the foothills of the Himalayas, Dehradun is nestled between Song River, a tributary of the Ganges on the east and the Asan River, a tributary of the Yamuna on the west. Noted for its picturesque landscape, pleasant climate, educational institutions, and proximity to hill stations like Mussoorie, it beautifully blends nature, culture, and modernity. It is the capital of Uttarakhand and has several well-known boarding schools like the Doon School, Welham Boys' School and Welham Girls' School. It is also home to the Indian Military Academy, Forest Research Institute, Indira Gandhi National Forest Academy, Rashtriya Indian Military College, Uttarakhand Ayurveda University, Wadia Institute of Himalayan Geology and the Indian Institute of Remote Sensing. It is also the headquarters of the Surveyor-General of India. Dehradun is known for its Basmati rice and bakery products.

Speaking on the occasion, Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels, commented, "We are delighted to further enhance our footprint in Uttarakhand where we currently operate eight hotels and have eight more upcoming ones."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 165.60 as compared to the previous close of Rs. 167.85. The total number of shares traded during the day was 563438 in over 8487 trades.

The stock hit an intraday high of Rs. 172.00 and intraday low of 164.05. The net turnover during the day was Rs. 94757228.00.

Source : Equity Bulls

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LemonTreeHotels INE970X01018 NewProperty Uttarakhand