Lemon Tree Hotels Expands with New Hotel in Bharuch

Expansion Highlights - Lemon Tree Hotels has opened a new property in Bharuch, Gujarat, marking the Group's 12th operational hotel in the state. - The company has around 20 hotels in the pipeline, highlighting its continued expansion plans in Gujarat. - The property is managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. Property Details - The hotel offers 85 rooms and suites. - Key facilities include Citrus Café, banquet and meeting spaces, a fitness centre, recreation facilities and a spa. - The property caters to both business and leisure travellers. Strategic Location - Bharuch is an important industrial and commercial hub, which could support demand from corporate and business travellers. - The hotel is located around 7 km from Bharuch Railway Station and Bus Station, while Surat and Vadodara airports are approximately 75 km and 70 km away, respectively. Growth Outlook - The new hotel strengthens Lemon Tree Hotels' presence in Gujarat and supports its broader expansion strategy. - Continued additions to its operational portfolio and conversion of the hotel pipeline into operating properties will be key growth drivers going forward. Key Takeaway: The Bharuch hotel opening is a positive step in Lemon Tree Hotels' expansion strategy. The company's growing pipeline and focus on strategic business locations could support its long-term growth. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security.