Lemon Tree Hotels announced its latest signing - Lemon Tree Hotel, Amritsar. The property, which shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, is expected to open in FY 2028.
Amritsar, in Punjab, is rich in history, culture, and spirituality. Known primarily as the home of the Golden Temple, the holiest shrine in Sikhism, the city attracts millions of pilgrims and tourists every year. It is also steeped in historical significance, with landmarks like the Jallianwala Bagh memorial commemorating the tragic massacre during British rule. Amritsar's vibrant markets, delicious cuisine, and warm hospitality make it a must-visit destination for those seeking a deep connection to India's cultural and spiritual heritage.
Lemon Tree Hotel, Amritsar will feature 68 well-appointed rooms, a restaurant, a rooftop bar, two banquet halls, meeting rooms, a fitness center and a swimming pool. The Sri Guru Ram Das Jee International Airport is about 19 kms from the property while the Amritsar Railway Station is 9 kms away. The hotel is also well connected by roadways for both public and private transport.
Speaking on the occasion, Mr. Vilas Pawar, CEO- Managed & Franchise Business, Lemon Tree Hotels commented, "We are excited to share that we've signed our fifth upcoming property in Punjab, further underscoring our commitment to delivering exceptional hospitality and memorable experiences for our guests. This new venture highlights our dedication to growing our presence in this vibrant region, providing travellers with a seamless blend of comfort and authentic local charm."
Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 134.40 as compared to the previous close of Rs. 133.45. The total number of shares traded during the day was 129100 in over 1137 trades.
The stock hit an intraday high of Rs. 135.35 and intraday low of 132.80. The net turnover during the day was Rs. 17287277.00. |
