Lemon Tree Hotels has signed a 42-room hotel at Jamshedpur in the Indian state of Jharkhand that will be operational by September next year.
This hotel will be managed by Lemon Tree Hotels’ fully-owned subsidiary as well as the management unit, Carnation Hotels.
While most of the hotels that Lemon Tree Hotels has operate in the mid-priced sector, it also has hotels in the upscale segment.
It boasts of 8,400 rooms in 87 hotels in 52 destinations, both in India and overseas.
It has brands, such as Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels, Keys Prima, Keys Select and Keys Lite.
Lemon Tree Hotels will have about 11,150 rooms in 120 hotels in 75 locations, both in India and overseas when its present opening pipeline becomes operational.
Carnation Hotels CEO Mahesh Aiyer was quoted by Mint as saying: “Jamshedpur is a leading tier-II city with significant tourism and business potential. The signing of this hotel is in line with our vision of strengthening our presence in key domestic markets and we are pleased to partner with Parikh Inn.
“In keeping with our asset light growth strategy, we have consistently been growing in the management space and have already signed four hotels this month itself, and a total of 15 hotels this fiscal.
“We aspire to diversify our existing portfolio, not just in metros and tier I cities, but across tier II, III and IV cities and leisure destinations as well, by signing and opening more hotels to enhance our offerings to our guests as well as owners and partners in tourism and hospitality.”
Besides 42 guestrooms, Lemon Tree Hotel Jamshedpur will feature a multi-cuisine restaurant, a bar, a meeting room, a fitness centre, and other facilities, reported Economic Times.