Saya Group joins hands with Lemon Tree Hotels to operate business suites in Greater Noida
As per the agreement, Lemon Tree Hotels (subsidiary of Carnation Hotels) will operate the suites at Saya SouthX, a mixed-use development by Saya Group. Spread across 3 acres, the project has a total built-up area of approximately 6.8 lakh square feet.
)
04:03 PM IST
Real estate company Saya Group has joined hands with Lemon Tree Hotels to operate 336 fully serviced business suites in Greater Noida.
As per the agreement, Lemon Tree Hotels (subsidiary of Carnation Hotels) will operate the suites at Saya SouthX, a mixed-use development by Saya Group. Spread across 3 acres, the project has a total built-up area of approximately 6.8 lakh square feet.
"This collaboration with Lemon Tree Hotels aligns perfectly with our vision of integrating business efficiency with comfort,” said Vikas Bhasin, MD of Saya Group.
Simultaneously, Lemon Tree has signed a new property, Keys Lite by Lemon Tree Hotels in Punjab, according to a stock market disclosure.
Keys Lite by Lemon Tree Hotels, Kharar, Punjab will feature 47 well-appointed rooms, a restaurant, a banquet, a meeting room, a fitness centre, a swimming pool, a spa and other public areas. Shaheed Bhagat Singh International Airport, Chandigarh is approx. 26 kms away from the property. Chandigarh Railway Station is approximately. 28 kms from the property. The resort is also well-connected by road, offering easy access to both public and private transport.
Lemon Tree Hotels Limited (LTHL) is one of the largest hotel chains in India. The company's portfolio comprises seven distinct brands, each tailored to cater to diverse guest needs across segments. These include Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels, Keys Prima, Keys Select
and Keys Lite.
Since opening its first hotel with 49 rooms in May 2004, Lemon Tree Hotels has delivered exponential growth with a portfolio of over 220 hotels today. This includes more than 110 operational hotels, with over 100 new properties slated to open soon.
Also Read: Bengaluru Property Market Update: Godrej Properties sells homes worth Rs 2,000 crore
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Power of Rs 13,000 SIP: How long can it take to turn Rs 13,000 monthly investment into Rs 4,00,00,000 corpus?
)
15x15x15 SIP Formula: In how many years can your Rs 15,000 monthly investment through mutual funds turn into a wealth of Rs 1 crore?
)
444-Day Special FDs: SBI, Punjab & Sind Bank, IOB or Indian Bank—Which scheme offers highest return on Rs 12,25,000 investment?
)
8th Pay Commission Revised Pension Calculations: How Level 3, 4, 5, 6, or 7 central govt employees may see their pension revised at 1.92, 2.04, 2.28 and 2.57 fitment factors
)
SIP Calculation: Rs 20,000/month investment, how quickly can you generate Rs 12 crore corpus? See calculations
)
9 Stocks to Buy for Long Term: Brokerages bullish on TCS, Bajaj Finance, Trent & more; note down targets
04:03 PM IST