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Carnation Hotels, a wholly-owned subsidiary and the management arm of Lemon Tree Hotels will be operating this hotel. It is expected to be operational by Q1 of FY2026 .
This hotel will feature 48 well-appointed rooms, a restaurant, a bar, a banquet hall, a swimming pool, meeting rooms and other public areas.
This latest signing with Alyvia Hospitality Management Services in Mashobra is an addition to the two operational hotels and four upcoming properties in Himachal Pradesh.
Lemon Tree Hotels is engaged to carry out business of developing, owning, acquiring, renovating, operating, managing and promoting hotels, motels, resorts, restaurants, etc. under the brand name of Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima and Keys Lite. Also, some of the Group companies provide project management services and learning & development services.
The company reported 69.4% jump in consolidated net profit to Rs 23.46 crore on 15.7% rise in revenue from operations to Rs 222.26 crore in Q1 FY24 over Q1 FY23.
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