Lemon Tree Hotels expands Bihar presence with new Gaya property
Lemon Tree Hotels Limited has signed a license agreement for a new hotel, Lemon Tree Hotel, Gaya, Bihar. The property will be managed by its wholly-owned subsidiary, Carnation Hotels Private Limited. This new hotel will feature 56 rooms, a banquet hall, a meeting room, a swimming pool, a fitness center, a spa, and restaurants. It is strategically located approximately 14 km from Bodhgaya Airport and 6 km from Gaya Railway Station.
This expansion strengthens Lemon Tree Hotels' footprint in Bihar, where it already operates one hotel and has another upcoming property. The company's executive vice president - finance & chief financial officer, Kapil Sharma, noted that this signing aligns with their strategy to expand their brand across India and enhance offerings for guests.
Lemon Tree Hotels Limited, one of India's leading hospitality companies, manages over 110 hotels across more than 75 cities in India and internationally, with a pipeline of over 110 upcoming properties. The company operates seven distinct brands, catering to various segments from upper upscale to spiritual.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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