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Lemon Tree Hotels Signs New Properties in Assam’s Gateway City

Written by: Nikitha DeviUpdated on: Jan 22, 2025, 9:47 AM IST
Lemon Tree signs two new Keys Select hotels in Guwahati, set to open by FY26 and FY27, offering top amenities in Assam's vibrant cultural hub.
Lemon Tree Hotels Signs New Properties in Assam’s Gateway City
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Lemon Tree Hotels Limited has announced the signing of two new properties in Guwahati, Assam: Keys Select by Lemon Tree Hotels, G S Road, Guwahati and Keys Select by Lemon Tree Hotels, Dishpur, Guwahati. Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, will manage both properties.

Details of the Properties

Guwahati, known as the “Gateway to the Northeast,” is a vibrant city on the banks of the Brahmaputra River, blending modernity with tradition. Renowned for its historical temples like Kamakhya Temple, Basistha Temple, and Umananda Temple, the city is surrounded by scenic hills and lush forests, making it a captivating destination. As a centre of commerce, education, and tourism, Guwahati is experiencing rapid development while preserving its rich cultural heritage, attracting both visitors and residents alike.

The Keys Select by Lemon Tree Hotels, G S Road, Guwahati, is set to open by FY26. This property will feature 55 well-appointed rooms, a restaurant, a rooftop bar, banquet facilities, meeting rooms, a fitness centre, and other public areas. Conveniently located, the property is approximately 26 kilometres from Lokpriya Gopinath Bordoloi International Airport and about 5 kilometres from the Guwahati Railway Station.

The Keys Select by Lemon Tree Hotels, Dishpur, Guwahati, is expected to open by FY27. This property will offer 60 well-appointed rooms, a restaurant, a rooftop bar, banquet facilities, meeting rooms, a fitness centre, and other public areas. It is situated around 33 kilometres from Lokpriya Gopinath Bordoloi International Airport and about 6 kilometres from the Guwahati Railway Station.

Commenting on the development, the CEO of Managed & Franchise Business at Lemon Tree Hotels, Mr Vilas Pawar, said, “We are delighted to strengthen our portfolio in Assam, a state renowned for its natural beauty, vibrant culture, and rich heritage that is often referred to as the ‘Land of Red Rivers and Blue Hills’. The opening of these two new properties will further complement our strategic growth in the state, adding to our three upcoming hotels already in the pipeline.”

Conclusion 

Both properties are strategically positioned and well-connected by public and private transport, promising exceptional hospitality and amenities in the thriving cultural and commercial hub of Guwahati.

On January 22, 2025, Lemon Tree Hotels share price opened at ₹141.88, touching the day’s low at ₹139.67, as of 9:44 AM on the NSE.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 22, 2025, 9:47 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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