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Lemon Tree Hotels signs license agreement for new property in Pune

Capital Market 

Lemon Tree Hotels has signed a license agreement for a 69 room property located at Viman Nagar, Pune under the company's brand name 'Lemon Tree Hotel'.

The hotel is expected to be operational by March 2019 and shall be 3rd hotel besides other 2 owned hotels of the company in Pune.

Carnation Hotels, the hotel management arm of the Company will be operating and marketing this hotel.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 19 2018. 09:37 IST