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Sohrab Shaikh (SEBI RA)

10th Mar · SEBI-Registered Analyst

Lemon Tree Hotels signs new hotel in Uttar Pradesh

Lemon Tree Hotels has signed Lemon Tree Hotel, Gorakhpur, Uttar Pradesh. With this addition, the company now has 26 hotels in Uttar Pradesh, comprising 8 operational properties and 18 in the pipeline, including this signing. The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. Gorakhpur, located in Eastern Uttar Pradesh, is an important regional centre known for its cultural significance, commercial activity and strong connectivity to neighbouring states and the Indo-Nepal border. The upcoming hotel will feature 76 well-appointed rooms, a restaurant, banquet hall, meeting room, spa, swimming pool and a fitness center. The hotel is conveniently located approximately 14 kms from Gorakhpur Airport and about 8.5 kms from Gorakhpur Railway Station, ensuring easy accessibility for both business and leisure travellers.

LEMONTREE

#PsychologyofMoney#MacroViews#Miscellaneous
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