Lemon Tree Hotels Limited, a prominent name in India’s hospitality sector, has announced its latest addition to its portfolio — the Lemon Tree Hotel in Valsad, Gujarat. This strategic expansion underlines the company’s commitment to increasing its footprint in key regions across the country.
The newly signed property in Valsad will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels. Scheduled to open in the financial year 2029, the hotel will feature:
Located near Surat International Airport (approximately 99 km) and just 5 km from the Valsad Railway Station, the hotel promises excellent connectivity by rail and road.
Situated in southern Gujarat, Valsad is a hub of cultural and economic activities. Known for its agricultural prominence, particularly Alphonso mango production, the city also boasts attractions such as Tithal Beach and Udvada’s Zoroastrian fire temple. Its proximity to key cities like Mumbai, Surat, and Ahmedabad makes it a strategic choice for Lemon Tree Hotels to cater to both business and leisure travellers.
Commenting on the development, Mr Vilas Pawar, CEO of the Managed & Franchise Business at Lemon Tree Hotels, said, “We are delighted to strengthen our portfolio in Gujarat, an economic powerhouse known for its rich cultural heritage, diverse landscapes, and vibrant history. This opening will add to our growing presence in the state.”
In parallel, Lemon Tree Hotels announced the de-flagging of Aurika, Coorg, a 55-room managed hotel, effective 15 January 2025. This move follows a termination agreement with the property’s owner and operator, reflecting a strategic restructuring of the company’s offerings.
With over 200 hotels in its portfolio, Lemon Tree Hotels is one of India’s largest hotel chains. Operating across various market segments, from economy to upscale, the group is known for its tailored offerings through brands like:
Lemon Tree Hotels operates in key metro cities and tier-II and III locations, with international properties in Dubai, Bhutan, and Nepal.
As of 11:14 AM today, the share price is trading at ₹140.
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Published on: Jan 17, 2025, 3:02 PM IST
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