With reference to the captioned subject, we would like to inform you that the Company has signed a License Agreement for 82 room property in Gomti Nagar, Lucknow, Uttar Pradesh under the Company's brand 'Lemon Tree Premier'. The property is expected to be operational by August, 2026.
This property will feature 82 well-appointed rooms, two restaurants, a bar, a swimming pool, meeting rooms, a fitness center and other public areas.
Carnation Hotels Private Limited, a wholly owned subsidiary and the hotel management arm of the Company will be operating this property.
Please find attached herewith the copy of the press release in above regard.
|