Lemon Tree Hotels signs new property in Visakhapatnam, Andhra Pradesh

Lemon Tree Hotels has announced its latest signing – Red Fox Hotel, Visakhapatnam. 

 

According to the regulatory filing, the property is expected to open by FY26 and shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of Lemon Tree Hotels Limited.

 

Red Fox Hotel, Visakhapatnam will feature 50 well-appointed rooms, one restaurant, fitness centre, a conference room and other public areas. The Visakhapatnam Airport is about 11 kms while the Vizag Junction is just 1 km away. The hotel is also well connected by roadways for both public and private transport, the company said.

 

Mahesh Aiyer, CEO – Carnation Hotels (the management subsidiary of Lemon Tree Hotels), commented, “We are delighted to announce the expansion of our portfolio in Andhra Pradesh. This opening will be in addition to our four existing and two upcoming hotels and resorts in the state.”

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Economy

blog-logo

14 mins read . 08 Nov 2024

Hindustan Unilever History

  • 0 people read
blog-logo

Economy

blog-logo

8 mins read . 08 Nov 2024

What is Fiat Money

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions