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CA Barkha Kamra

7 hours ago · SEBI Registration INH000021164

Lemon Tree Hotels Signs Franchise Agreement in Bareilly

Lemon Tree Hotels Limited

LEMONTREE
has announced the signing of a new franchise agreement for Keys Select by Lemon Tree Hotels in Bareilly, Uttar Pradesh, further strengthening its presence in the state’s hospitality market. This upcoming property will mark the company’s 26th hotel in Uttar Pradesh, reflecting its continued focus on expanding into emerging business and leisure destinations across India. The proposed hotel will feature 52 well-appointed rooms, designed to cater to the accommodation needs of business travellers, tourists and other visitors. The property will also offer a multi-cuisine restaurant, banquet hall and fitness centre, providing a comprehensive hospitality experience. The banquet facilities are expected to support corporate meetings, social gatherings and private events, potentially creating additional revenue opportunities beyond room bookings. Bareilly is an important commercial and regional centre in Uttar Pradesh, supported by business activity, trade, educational institutions and improving connectivity. The addition of a branded hotel could help Lemon Tree Hotels capture growing demand for quality accommodation and organised hospitality services in the region. Overall, the development is strategically positive for Lemon Tree Hotels, as it reinforces the company’s expansion in tier-II cities and strengthens its position in India’s mid-market hospitality segment. However, the actual financial contribution will depend on the hotel’s operational commencement, occupancy levels, room tariffs and overall demand conditions. The company has not specified the project’s opening date or expected revenue contribution in the information provided.

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