Lemon Tree Hotels is expanding its reach in the Indian hospitality market with a new luxurious property in Pune, set to open its doors in fiscal year 2026. The property will be managed by Carnation Hotels, a fully owned subsidiary of Lemon Tree Hotels. This new hotel promises a luxurious experience with its 117 elegantly furnished rooms, a range of amenities including a restaurant, bar, meeting space, banquet facilities, a swimming pool, and a spa. Its strategic location, accessible by both public and private transportation, adds to its appeal.
Lemon Tree Hotels is known for its diverse portfolio of brands, including Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company focuses on developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, and restaurants across various segments. While the company’s consolidated net profit saw a slight decline of 15.55% in the first quarter of fiscal year 2025, reaching Rs 19.81 crore compared to Rs 23.46 crore in the same period last year, its revenue from operations witnessed a significant increase, rising by 19.52% year-on-year to Rs 268.02 crore. This expansion in Pune further strengthens Lemon Tree Hotels’ position as a leading player in the hospitality sector, showcasing its commitment to growth and innovation.
