Lemon Tree Hotels announced its latest signing–Lemon Tree Hotel, Jamshedpur. The property will be operated by Carnation Hotels Private Limited, a fully-owned subsidiary and the management unit of Lemon Tree Hotels Limited, by September 2023.
This property will have 42 well-appointed rooms, a multi-cuisine restaurant, a bar, a meeting room, a fitness centre, banquet facilities, and other public areas.
Speaking on occasion, Mahesh Aiyer, CEO – of Carnation Hotels Private Limited – commented, “A key economic and industrial hub, Jamshedpur, is a leading tier-II city with significant tourism and business potential. The signing of this hotel is in line with Lemon Tree Hotel’s vision of strengthening our presence in key domestic markets, and we are pleased to partner with Parikh Inn Pvt. Ltd. for the same. In keeping with our asset-light growth strategy, we have consistently been growing in the management space and have already signed 4 hotels this month itself and a total of 15 hotels this fiscal. We aspire to diversify our existing portfolio, not just in metros and tier I cities, but across tier II, III and IV cities and leisure destinations as well, by signing and opening more hotels to enhance our offerings to our guests as well as owners and partners in tourism and hospitality.”