Lemon Tree Hotels expands Punjab presence with new hotel in Sirhind
The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
Lemon Tree Hotel, Sirhind will feature 76 rooms, along with dining, business, recreation and event facilities. The property will include a restaurant, banquet hall and meeting/conference room for conferences, corporate events and social gatherings.
The hotel will feature a swimming pool, spa and fitness centre, besides other public areas. Located in the historic district of Fatehgarh Sahib, the property will cater to business, pilgrimage and leisure travellers. Sirhind Junction is approximately 3.5 km from the property, while Shaheed Bhagat Singh International Airport, Chandigarh, is approximately 45 km away.
Vishvapreet Singh Cheema, president, Lemon Tree Hotels, said, ?Our growing presence in Punjab reflects the diverse opportunities the state offers across business, religious tourism and leisure. Sirhind?s rich religious and historical heritage, coupled with its regional connectivity, makes it a compelling addition to Lemon Tree Hotels network.
With four operational hotels and 10 upcoming properties in the state, we continue to build a portfolio that responds to the distinct demand drivers of each destination.?
Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests? needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels.
The company?s consolidated net profit was Rs 46.03 crore in Q1 FY27 compared with Rs 38.33 crore posted in Q1 FY26. Revenue from operations rose 9.13% YoY to Rs 344.61 crore in Q1 FY27.
The scrip declined 3.31% to settle at Rs 106.55 on the BSE.
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