On August 22, 2024, Lemon Tree Hotels informed the stock exchanges about the signing of its latest property, Keys Select by Lemon Tree Hotels, Shivpuri, Madhya Pradesh. This new addition will be franchised by Lemon Tree Hotels and is expected to open in FY 2026.
Shivpuri, a charming town in Madhya Pradesh, is celebrated for its natural beauty and rich historical significance. Once the summer capital of the Scindia dynasty, Shivpuri is nestled amidst lush forests and tranquil lakes. The town is home to a wealth of cultural heritage, with ancient temples, forts, and palaces reflecting its glorious past. Shivpuri’s appeal extends to nature lovers and adventure seekers alike, offering activities such as wildlife safaris, trekking, and boating.
Keys Select by Lemon Tree Hotels, Shivpuri, will offer guests a comfortable and modern stay with 50 well-appointed rooms, a restaurant, a bar, a swimming pool, and other public areas. The hotel is conveniently located just 1 km from the Shivpuri Railway Station and approximately 134 km from Rajmata Vijayaraje Scindia Airport in Gwalior, ensuring easy accessibility by both public and private transport. This new property promises to be a perfect blend of comfort, culture, and convenience, making it an ideal destination for travellers visiting Shivpuri.
Commenting on the development, the CEO- Managed and Franchise Business at Lemon Tree Hotels, Mr Vilas Pawar, said, “We are delighted to announce the expansion of our portfolio in Shivpuri, the town of ancient temples and cultural heritage. As we Lemon Tree Hotels expands its presence across the countries in cities of all tiers, the hospitality company aims to become the most preferred hospitality chain across different segments. This opening will be in addition to our four existing and one upcoming hotel in Madhya Pradesh.”
About Lemon Tree Hotels Limited (LTHL)
Lemon Tree Hotels Limited is one of India’s largest hotel chains, managing hotels across the upscale, upper-midscale, midscale, and economy segments through ownership, leasing, operation, and franchising. The group caters to a wide range of guest needs with its seven brands: 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.
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: Aug 23, 2024, 1:59 PM IST
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