CALCULATE YOUR SIP RETURNS

Lemon Tree Hotels to Open Keys Select in Varanasi by FY 2028

02 September 20243 mins read by Angel One
Lemon Tree Hotels will open Keys Select in Varanasi in FY 2028, featuring 50 rooms and amenities. The hotel is well-connected and situated in the city's cultural hub.
Lemon Tree Hotels to Open Keys Select in Varanasi by FY 2028
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Lemon Tree Hotels Limited has announced its latest venture with the signing of Keys Select by Lemon Tree Hotels in Varanasi, set to open in FY 2028. This new property will be franchised by Lemon Tree Hotels and marks a significant addition to their expanding portfolio.

Varanasi, also known as Banaras or Kashi, is one of the world’s oldest and most culturally rich cities, located in Uttar Pradesh, India. Renowned as the spiritual capital of India, it sits along the sacred Ganges River and is a central hub for Hindu religion and culture. The city is celebrated for its historic ghats, where rituals and the Ganga Aarti are performed, as well as for its exquisite Banarasi silk sarees. The deep historical, cultural, and spiritual heritage of Varanasi makes it a unique and profoundly significant destination.

The Keys Select by Lemon Tree Hotels in Varanasi will feature 50 well-appointed rooms designed for comfort and convenience. Guests can access a range of amenities, such as a restaurant, a bar, a banquet hall, a swimming pool, meeting rooms, and a fitness centre. Additionally, the hotel will offer various public areas to enhance the guest experience.

Strategically located, the hotel is about 30 kilometres from Varanasi Airport and 8 kilometres from the Varanasi Railway Station, ensuring easy road connectivity for both public and private transport. With its prime location and comprehensive facilities, Keys Select by Lemon Tree Hotels aims to offer a memorable stay for visitors to this historic city.

Commenting on this significant achievement, the CEO of Managed and Franchise Business of Lemon Tree Hotels, Mr Vilas Pawar, said, “We are delighted to announce the expansion of our portfolio in Varanasi, the cultural and spiritual heartland of Uttar Pradesh. Lemon Tree Hotels aims to become the most preferred hospitality chain across different segments by expanding its footprint across cities of different tiers and all states across the country. This opening will be in addition to our seven existing and five upcoming hotels in the state.”

On August 14, 2024, the share price of Lemon Tree Hotels opened at ₹120.99, touching the day’s low at ₹116.61, as of 10:04 AM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

We're Live on WhatsApp! Join our channel for market insights & updates

Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges