Lemon Tree Hotels signed a pact for a 117-room hotel in Pune

Offering cozy and reasonably priced lodging options for tourists visiting India, Lemon Tree Hotels has made a name for itself in the country’s hospitality sector. The hotel chain has gained popularity as a top option for both business and leisure travelers seeking high-quality accommodations at reasonable costs due to its extensive presence in major cities and towns. Lemon Tree Hotels’ success can be ascribed to their commitment to offering a distinctive guest experience, which includes lively and modern décor, individualized service, and a strong focus on social responsibility and sustainability. The company is known as a socially conscious brand in the hospitality industry because of its dedication to community development and environmental conservation.

Lemon Tree Hotel in Pune:

The latest data available from Lemon Tree Hotels Pune’s Lemon Tree Hotel is a popular destination. When the property opens in the upcoming fiscal year of 2026, it is expected to be operated by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon TreeHotels Limited.

Pune’s rich culture and prime location:

Pune, one of Maharashtra’s largest cities, is renowned for its cutting-edge development, rich cultural legacy, and lengthy history. Its many esteemed educational institutions have earned it the moniker “Oxford of the East,” including Fergusson College, Symbiosis International University, Savitribai Phule Pune University, and a number of engineering and management colleges. Pune exudes a young, international vibe that combines modern urban living with traditional Maharashtrian ways of life. Being a blend of education, industry, culture, and history, it is one of India’s liveliest cities. The Lemon Tree Hotel in Pune will have 117 elegantly decorated rooms, a restaurant, bar, spa, banquet space, meeting rooms, and a swimming pool. The property is located about 21 kilometers from the Pune International Airport, and the Pune Railway station is located about 20 kilometers from the property. Furthermore, there is excellent road access to the hotel for both private and public transportation.

Lemon Tree Hotels Ltd stock showing positive intent:

The stock of Lemon Tree Hotels Ltd. is currently trading at Rs. 130.29 per share, down from its high of Rs. 132.58 per share today.

Statement from CEO of Lemon Tree Hotels:

At the event, Mr. Vilas Pawar, CEO of Lemon Tree Hotels’ Managed & Franchise Business, stated: “We are thrilled to announce the expansion of our portfolio in Pune, where we currently have four properties spanning upscale to midscale brands. This addition will go well with our twelve current hotels and three upcoming properties properties in Maharashtra.”

Conclusion: Lemon Tree Hotels aims to grow rapidly, so they are selecting properties in desirable areas. Pune is a good choice for them starting in 2026.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.