A Delhi-based high-scale hotel chain, Lemon Tree Hotels, as a part of its strategy to tap High potentials in North, West and South of the country, plans to have at least 20 hotels of the 4-star category. These as per the Hotel chain’s estimate will get operational in two years.
This company operates 4-star Lemon Tree and 3-star Red Fox hotels, today opened its 14th Lemon Tree property in Hyderabad for the first time. This is located in the IT hub of Hitec City. This Hotel has 267-rooms and has been built at an investment of Rupees 205 crore and also houses its sister brand Red Fox Hotel.
Lemon Tree plans to take its capacity to 2,800 rooms in 20 hotels in 15 cities while presently it has 1500 rooms across 11 cities, including Delhi, Gurgaon, Chandigarh, Mumbai, Ahmedabad, Aurangabad, Bangalore and Kumarakom.
Patu Keswani, Chairman and Managing Director, Lemon Tree Hotels, says “we will construct the cities in the north, west and south, which are expected to grow at 12 per cent, by the end of year 2016 and will move to those in the east from 2017, when growth is expected to pick up”.
