Lemon Tree Hotels Limited has announced the signing of a hotel in Haridwar, which the company said is expected to be operational by the end of calendar year 2024 and will be managed by Lemon Tree’s wholly owned management subsidiary, Carnation Hotels. Private Limited to be done.
The hotel, the company said, is located in Jwalapur area of Haridwar and will have 50 rooms, a restaurant, a gym, meeting rooms, banquet and public areas.
Company President Vikramjit Singh said, “We are delighted to expand our hotel bouquet. It is owned by Willow Hospitality & Tourism and is our fourth upcoming property in the state, adding to our seven existing hotels in Uttarakhand.”
The company currently operates 8,400 rooms in 87 hotels across 52 locations. Once the current pipeline of hotels is operational, 10,950 rooms in 116 hotels across 71 locations in India and abroad will be operated by the company.
It also opened two other hotels in October, a 44-room Key Light by Lemon Tree Hotels in Srikanya, Visakhapatnam, and the 63-room Lemon Tree Hotel, Kalina in Mumbai.
Hospitality consultancy Hotelivate said there are about 59,000 new rooms proposed across the country over the next five years. Of these, 72% or about 35,000 rooms are under active development, the consultancy said.
In 2020, about 35,000 rooms were being developed. Active growth numbers have now increased by at least 10% compared to 2020. The consultancy said it is taking into account projects that may qualify to become “chain-scale” hotels.
In the upcoming hotel supply, around 6,800 rooms are expected to come up in Bengaluru, followed by Mumbai (5,400 rooms), Jaipur (3,300) and Delhi (1,800).
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