Saturday, December 28, 2024 Lemon Tree Hotels has signed a new property in Bapane, Maharashtra, scheduled to open in FY 2026. The hotel will be managed by Carnation Hotels, a subsidiary of Lemon Tree Hotels. The upcoming Lemon Tree Hotel, Bapane, will offer 76 well-appointed rooms along with a range of amenities, including a restaurant, a meeting room, a swimming pool, a spa, and other public spaces.
Conveniently located, the hotel is approximately 43 kilometers from Mumbai International Airport and about 28.8 kilometers from Mumbai Borivali Railway Station. It also benefits from excellent connectivity via public and private road transport.
This addition reflects Lemon Tree Hotels’ commitment to strengthening its presence in Maharashtra, a state celebrated for its economic significance, cultural richness, and diverse landscapes. The Bapane property will join the brand’s existing twelve hotels and five upcoming projects in the state. Lemon Tree Hotels Limited is a prominent hotel chain in India, catering to a wide range of travelers with its diverse portfolio of brands across upscale, upper-midscale, midscale, and economy segments.
The company operates in key metropolitan areas as well as tier I, II, and III cities across India. Additionally, Lemon Tree has extended its footprint internationally with properties in Dubai, Bhutan, and Nepal. In financial performance, the company reported a consolidated net profit increase of 31% to ₹29.
64 crore, along with a 25% rise in ne.
