TBM Staff - Mumbai
Lemon Tree Hotels has announced the signing of a new property in Bapane, Maharashtra, set to open in FY 2026. The upcoming Lemon Tree Hotel, Bapane, will be operated by Carnations Hotels, a subsidiary of Lemon Tree Hotels. Strategically located approximately 43 km from Mumbai International Airport and 28.8 km from Mumbai Borivali Railway Station, the hotel will offer convenient accessibility via public and private transport.
The property will feature 76 well-appointed rooms, a restaurant, a meeting room, a swimming pool, a spa, and various public spaces. Designed to cater to both leisure and business travellers, it aims to provide a blend of comfort and functionality. Vilas Pawar, CEO, Lemon Tree Hotels’ managed and franchise business, said, “We are delighted to strengthen our portfolio in Maharashtra, an economic powerhouse known for its rich cultural heritage, diverse landscapes, and vibrant history. This addition will complement our existing twelve hotels and five upcoming properties in the state.”
Lemon Tree Hotels Limited (LTHL) is a leading hospitality chain in India, operating across upscale, upper-midscale, midscale, and economy segments. With seven distinct brands, LTHL caters to a wide range of guest preferences and has a presence in metro cities and tier I, II, and III cities. Internationally, the group has extended its footprint to Dubai, Bhutan, and Nepal, further solidifying its position as a global hospitality player.
The company’s financial performance has been robust, with a consolidated net profit growth of 31% to INR 29.64 crore on a 25% rise in net sales to INR 284.37 crore in Q2 FY25 over Q2 FY24. With this new property in Bapane, Lemon Tree Hotels continues to expand its footprint while maintaining its focus on delivering high-quality service and value.
