Lemon Tree Hotels has agreed to enter into a joint venture (JV) with Magnolia Grove investment, an affiliate of Warburg Pincus group. The joint venture company i.e., Hamstcde Living will construct, acquire, develop, operate and lease short and long stay real estate projects, with a primary focus on student housing, co-living for working professionals/adults and … Read more
Lemon Tree Hotels has opened a hotel under brand name ‘Lemon Tree Premier’ on Connaught Road, Pune on December 5, 2018. This is the company’s second owned hotel in the city. The Hotel has 201 rooms with a multi cuisine coffee shop, bar, spa, pool, fitness center, banquet spaces including a conference room. With opening … Read more
Lemon Tree Hotels has signed a License Agreement for a 76 room property located at Bhubaneswar, Odisha under the company’s brand ‘Lemon Tree Premier’. The Hotel is expected to be operational by March, 2020. Carnation Hotels, the hotel management arm of the company will be operating and marketing this hotel. Lemon Tree Hotels is India’s … Read more