Joint Venture2 Aug 2024, 11:23 pm
Lemon Tree Hotels Signs License Agreement for Key Select in Nashik, Maharashtra
AI Summary
Lemon Tree Hotels Ltd has signed a License Agreement for Key Select by Lemon Tree Hotels in Nashik, Maharashtra. The property, managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, is expected to open in FY 2027. The 45-room hotel will feature a restaurant, a banquet, a meeting room, and other public areas. Nashik, known as the 'Wine Capital of India', is a vibrant city with deep-rooted connections to Hindu mythology and a robust wine industry.
Key Highlights
- Lemon Tree Hotels signs License Agreement for Key Select in Nashik, Maharashtra
- The property is expected to open in FY 2027
- The hotel will feature 45 well-appointed rooms, a restaurant, a banquet, a meeting room, and other public areas
- Nashik is known as the 'Wine Capital of India' and is a vibrant city with deep-rooted connections to Hindu mythology
- Lemon Tree Hotels aims to become the most preferred hospitality chain across different segments in Maharashtra