Inks a management contract to operate a 120-room hotel
New Delhi April 10, 2018: Carnation Hotels, the wholly owned subsidiary and management arm of Lemon Tree Hotels Limited has signed a management contract with Laila Hotels and Resorts Pvt. Ltd., for an upper midscale hotel in Vijayawada, the commercial headquarters of Andhra Pradesh.
Set to be branded as Lemon Tree Premier, Vijayawada, the 120- room hotel will boast of plush interiors, modern business services and facilities besides offering large banquet and meeting spaces, a multi-cuisine coffee shop and a hip recreation bar. It will provide a refreshing alternative to both business and leisure travelers, besides becoming a sought after destination for Corporate events and socials. Presently under construction, the hotel is expected to be operational by March, 2021.
Lemon Tree Group operates 3 brands – Lemon Tree Premier (upper midscale), Lemon Tree Hotels (midscale) & Red Fox by Lemon Tree Hotels (economy). It currently owns and operates 48 hotels in 30 cities aggregating ~ 4900 rooms as on March 31, 2018.
With the signing of this contract, Lemon Tree Hotels Limited now has a development pipeline of 2985 rooms in 26 hotels across 22 cities of India.