Daily Newsletter

22 March 2024

Daily Newsletter

22 March 2024

Lemon Tree signs franchise agreement for new hotel in India’s Jharkhand

The property, which is expected to open in the financial year 2025, will feature a total of 45 rooms.

Soumya Sharma March 22 2024

Lemon Tree Hotels Limited (LTHL) has signed a franchise agreement to open a new hotel in Ranchi, the capital city of Jharkhand, India.

The property, which is expected to open in the financial year (FY) 2025, will feature a total of 45 rooms. 

It will also include a restaurant, a bar, a swimming pool, a fitness centre, meeting rooms, banquet facilities, and a range of amenities and public areas. 

This development marks the third upcoming Lemon Tree property in the state, highlighting Jharkhand’s potential for growth due to its tourist attractions and industries. 

The new Lemon Tree hotel will be conveniently located approximately 7km from Birsa Munda Airport and 2km from Ranchi Railway Station, offering easy access via public and private transport.  

The company said that the new hotel’s strategic location aims to cater to the needs of both business and leisure travellers.  

Since opening its first hotel with 49 rooms in May 2004, Lemon Tree Hotels has grown significantly, with a portfolio of more than 160 hotels, including more than 100 operational hotels and over 60 properties in the pipeline, both in India and internationally. 

Lemon Tree Hotels has also expanded beyond Indian borders, with properties opened in Dubai and Bhutan.  

The company operates across various segments, with seven distinct brands designed to serve guests at all levels, including upper-midscale, upscale, midscale and economy. 

These brands include Lemon Tree Premier, Keys Prima by Lemon Tree Hotels, Aurika Hotels & Resorts, Keys Lite by Lemon Tree Hotels Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, and Keys Select by Lemon Tree Hotels. 

Earlier this month, LTHL signed a licence agreement to open a new ‘Keys Lite by Lemon Tree Hotels’ branded property in Coimbatore, a city in India’s southern state of Tamil Nadu. 

The Coimbatore hotel, which is planned to be managed by Lemon Tree Hotels’ management arm Carnation Hotels, is expected to open in FY 2026.

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