Corporate Announcement
Security Code : 541233    Company : LEMONTREE    
 
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDownload PDF Download XBRL
  Exchange Received Time  16/05/2018 12:44:25         Exchange Disseminated Time   16/05/2018 12:44:30              Time Taken   00:00:05
With reference to the captioned subject, we are pleased to inform opening of a hotel under brand name 'Lemon Tree Hotel' in Baddi, Solan District, Himanchal Pradesh.

Carnation Hotels Private Limited, the hotel management arm of the Company, will be managing this midscale hotel.

Spread across 5 acres, this vibrant hotel, has a vibrant atrium and offers a mix of 49 rooms and suites, a multi-cuisine coffee shop - Citrus Café, a hip recreation bar - Slounge, a rejuvenating Spa-Fresco, an outdoor swimming pool as well as a fitness center to keep you feeling fresh-as-a-lemon.

Please find attached copy of Press Release in this regard.

Further it is hereby informed, effective June 1, 2018, Lemon Tree Hotel, Dahej (managed property) will no longer be a part of the Company's portfolio as the Hotel Operating Agreement (HOA) between the Hestia Hospitality Private Limited (owning company) and the Carnation Hotels Private Limited has been mutually terminated.
 

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