Lemon Tree Hotels has announced the signing of its latest property, Keys Prima by Lemon Tree Hotels, in Kota. Managed by Carnations Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, the hotel is slated to open in FY 2025.
Kota, located along the Chambal River in Rajasthan, is a city renowned for its rich blend of historical charm and modern vibrancy. Known as the “Coaching Capital of India,” Kota attracts many students who are preparing for competitive exams. Beyond its educational significance, Kota is also celebrated for its stunning forts, serene palaces, and lively markets, offering a unique mix of academic focus and Rajasthani cultural experiences.
The Keys Prima by Lemon Tree Hotels in Kota will feature 58 elegantly designed rooms, a restaurant, banquet facilities, meeting rooms, a swimming pool, a fitness centre, and other amenities. The hotel is conveniently located approximately 2 kilometres from Kota Airport, 10 kilometres from Kota Junction Railway Station, and 246 kilometres from Jaipur International Airport. It is also well-connected by road for both public and private transportation.
Commenting on this development, the CEO of Managed and Franchise Business at Lemon Tree Hotels, Mr Vilas Pawar, said, “We are delighted to announce the expansion of our portfolio in Rajasthan. We are expanding our footprint in tier II, III and IV cities to make Lemon Tree Hotels the most preferred brand across different segments. This opening will be in addition to our nine existing and four upcoming hotels and resorts in the state.”
About Lemon Tree Hotels Limited
Lemon Tree Hotels Limited (LTHL) is among India’s largest hotel chains, encompassing ownership, leasing, operation, and franchising across upscale, upper-midscale, midscale, and economy segments. The group operates under seven distinct brands to cater to various guest needs, including Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels.
On July 25, 2024, the Lemon Tree Hotels share price opened at ₹147.99, touching the day’s high at ₹148.58, as of 10:47 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.
Published on: Jul 25, 2024, 2:45 PM IST
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