Lemon Tree Hotels announces the signing of its new property in Uttarakhand

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

The property shall be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. This signing will further strengthen 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, Khurpatal, Uttarakhand is located on a serene hill hamlet near Nainital, Uttarakhand. Nestled at an altitude of about 1,635 meters, it is known for its striking blue-green lake surrounded by dense pine, oak, and deodar forests. Unlike the hustle-bustle of Nainital, Khurpatal offers quiet charm, fresh mountain air, and uninterrupted views of nature, making it ideal for slow travel, meditation, and nature lovers. With ample opportunities for boating, nature walks, trekking in surrounding hills, and birdwatching, this is a nature lovers' paradise.

The key features of the hotel will include:

- 120 well-appointed rooms
- A restaurant
- A banquet hall and a meeting room
- Recreational facilities including a swimming pool, spa and a fitness centre

The Pantnagar Airport, is approximately 70 kms away from the property, while the Kathgodam Railway Station is about 36 kms away. The hotel is well connected by 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 leisure portfolio in a place that is perfect for people seeking meditation, introspection, yoga retreats, and spiritual solitude. The state has nine operational and 10 upcoming hotels."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 135.60 as compared to the previous close of Rs. 142.50. The total number of shares traded during the day was 417140 in over 6244 trades.

The stock hit an intraday high of Rs. 142.55 and intraday low of 135.00. The net turnover during the day was Rs. 57564672.00.

Source : Equity Bulls

Keywords

LemonTreeHotels INE970X01018 NewProeprty Uttarakhand