Joint Venture10 Sept 2024, 02:55 am
Lemon Tree Hotels Signs New Property in Nashik for FY 2026
AI Summary
Lemon Tree Hotels Ltd has signed a License Agreement for a new property in Nashik, Maharashtra, to be managed by its subsidiary Carnation Hotels Private Limited. The hotel, featuring 57 well-appointed rooms, is expected to open in FY 2026 and will include amenities such as a restaurant, bar, banquet hall, meeting room, swimming pool, and spa. Nashik is known for its spiritual significance, vibrant culture, historical landmarks, and scenic beauty, as well as its robust wine industry and agricultural produce. The hotel's strategic location close to the Sula Vineyards and major transportation hubs makes it easily accessible for both public and private transport.
Key Highlights
- Lemon Tree Hotels Ltd signs a License Agreement for a new property in Nashik, Maharashtra.
- The new hotel will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
- The hotel is expected to open in FY 2026 and will feature 57 well-appointed rooms and various amenities.
- Nashik is known for its spiritual significance, vibrant culture, historical landmarks, and scenic beauty, as well as its robust wine industry and agricultural produce.
- The hotel's strategic location close to the Sula Vineyards and major transportation hubs makes it easily accessible for both public and private transport.