Lemon Tree Hotels launches its 6th property in Andhra Pradesh with Lemon Tree Premier, Tirupati

Lemon Tree Hotels Limited, India's fastestgrowing mid-scale and premium hotel chain, today announced the launch of its latest property - Lemon Tree Premier, Tirupati.

This managed hotel features 111 well-appointed rooms & suites, complemented by Citrus Café - a multi-cuisine restaurant, Slounge - the hip recreational bar, the Pool Bar & Grill, banquet spaces, a spa, a fitness center and the swimming pool.

Of this, 54 rooms & suites along with Citrus Café opened today in the first phase. The remaining 57 rooms along with Slounge, the Pool Bar & Grill, banquet spaces, a spa, a fitness center and the swimming pool are set to open in the second phase.

Tirupati, in Andhra Pradesh, is a significant pilgrimage centre best known for the Sri Venkateswara Temple situated atop the Tirumala Hills, dedicated to Lord Venkateswara, an incarnation of Lord Vishnu. This sacred temple attracts millions of devotees from across the globe each year. Apart from its religious prominence, Tirupati has evolved into a well-connected urban centre with modern infrastructure, a growing hospitality industry, and easy accessibility via Tirupati International Airport and Renigunta Railway Station.

Commenting on the opening Vishvapreet Singh Cheema, President, Lemon Tree Hotels said, "Religious and spiritual destinations have become major drivers of tourism. This vibrant hotel in one of the most significant pilgrimage centers in our country, is tapping into the demand to offer contemporary facilities to our guests."

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

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