Lemon Tree Hotels announced its latest signing - Keys Lite by Lemon Tree Hotels, Metropolitan, Vijayawada. The property, which shall be managed by Carnation Hotels Private Limited, a whollyowned subsidiary of Lemon Tree Hotels Limited, is expected to open in FY 2026.
Vijayawada, a bustling city in Andhra Pradesh, India, is celebrated for its rich cultural heritage, historic landmarks, and vibrant energy. Nestled along the banks of the Krishna River, it serves as a major hub for industry and commerce. The city boasts several ancient temples, with the Kanaka Durga Temple being a significant Hindu pilgrimage site. With its mix of historical charm, cultural richness, and modern flair, Vijayawada offers travellers a distinctive and rewarding experience.
Keys Lite by Lemon Tree Hotels, Metropolitan, Vijayawada will feature 44 wellappointed rooms, a restaurant, meeting room, and banquet facilities. The Vijayawada International Airport is about 15 kms from the property while Vijayawada Railway Station is about 6 kms away. The hotel is also well connected by roadways for both public and private transport.
Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels said on the occasion, "We are excited to share the expansion of our portfolio in Vijayawada where we have one upcoming and two operational properties. This addition will complement our existing four hotels and four upcoming properties in Andhra Pradesh."
Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 130.90 as compared to the previous close of Rs. 132.55. The total number of shares traded during the day was 52313 in over 1089 trades.
The stock hit an intraday high of Rs. 132.65 and intraday low of 130.45. The net turnover during the day was Rs. 6858252.00. |
