Lemon Tree Hotels signs a new property in Punjab

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

The property shall be franchised under Lemon Tree Hotels Limited. This signing will further strengthen the company's presence in Punjab, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience.

Property Highlights

Keys Lite by Lemon Tree Hotels, Kartarpur, Punjab, is in the city famous for its furniture market which offers a wide variety of quality handcrafted wooden furniture. It is close to the Radha Soami Satsang Beas, known for its peaceful and spiritual gatherings that inspire devotion and community bonding.

The key features of the hotel will include:

- 47 well-appointed rooms
- A restaurant
- A banquet and a conference hall
- Recreational facility includes a fitness center

The Adampur Airport, Jalandhar is approximately 31 kms away from the property, while the Kartarpur Railway Station is about 4 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 are pleased to extend our pilgrimage portfolio in a place that holds deep spiritual resonance. Moreover, the vibrant tourism, rich cuisine, and growing hotel infrastructure make Punjab a magnet for travellers seeking unforgettable experiences. The state has two operational and nine upcoming hotels".

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 162.90 as compared to the previous close of Rs. 161.25. The total number of shares traded during the day was 68457 in over 1787 trades.

The stock hit an intraday high of Rs. 164.70 and intraday low of 161.00. The net turnover during the day was Rs. 11170312.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 NewProperty Punjab