Lemon Tree Hotels announced that it has signed a franchise agreement for its upcoming hotel – Keys Select by Lemon Tree Hotels at Shivpuri, Madhya Pradesh. The property, it added, is expected to open in FY26.
The hotel will feature 50 well-appointed rooms, a restaurant, a bar, a swimming pool and other public areas. The Rajmata Vijayaraje Scindia Airport Gwalior is about 134 kms away while the Shivpuri Railway Station is about 1 km away from the property. The hotel is well connected by roadways for both public and private transport.
Vilas Pawar, CEO- Managed & Franchise Business, Lemon Tree Hotels, said, “We are delighted to announce the expansion of our portfolio in Shivpuri, the town of ancient temples and cultural heritage. As Lemon Tree Hotels expands its presence across the countries in cities of all tiers, the hospitality company aims to become the most preferred hospitality chain across different segments. This opening will be in addition to our four existing and one upcoming hotel in Madhya Pradesh.”
The company has more than 160 hotels, which includes over 110+ operational hotels and more than 60 hotels set to open in India and internationally.
Earlier this month, Lemon Tree Hotels reported its fiscal first quarter earnings with profit at Rs 19.81 crore, down 15.55 per cent in comparison to Rs 23.46 crore posted in Q1FY24. It posted revenue from operations at Rs 268.02 crore in Q1FY25, up 19.52 per cent YoY.