Lemon Tree Hotels signs a new property in Uttarakhand

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

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

Property Highlights

Keys Select by Lemon Tree Hotels, Haridwar is in one of the seven holiest cities in India - a sacred gateway to the Himalayas where the Ganga River enters the plains. Known for the grand Ganga Aarti at Har Ki Pauri, the city draws pilgrims and travellers seeking spiritual solace. The city is dotted with sacred temples like Mansa Devi Temple, Chandi Devi Temple, and Daksha Mahadev Temple, along with peaceful ghats for ritual baths. Nearby, the Rajaji National Park offers a touch of wilderness, making Haridwar a unique blend of spirituality, culture, and nature.

The key features of the hotel will include:

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

The Jolly Grant Airport, Dehradun is approximately 32 kms away from the property, while the Haridwar Railway Station is about 9 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 portfolio in Uttarakhand, a state where we have eight operational and nine upcoming properties in addition to this one. While expanding its footprint across the country in cities of all tiers, this signing by Lemon Tree Hotels perfectly aligns with the company's vision of offering refreshing and comfortable stays across religious and spiritual destinations."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 166.35 as compared to the previous close of Rs. 166.25. The total number of shares traded during the day was 50528 in over 1012 trades.

The stock hit an intraday high of Rs. 169.75 and intraday low of 165.30. The net turnover during the day was Rs. 8406434.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 NewProperty Uttarakhand KeysSelect Haridwar