Introduction:
The new lodge will offer seventy six nicely-appointed rooms, designed to cater to both enjoyment and enterprise travelers. Guests can anticipate a number amenities, such as a eating place, meeting rooms, a swimming pool, a spa, and spacious public areas for events and rest.
Bapane, strategically located within easy reach of Mumbai, provides excellent connectivity to key transport hubs. The Mumbai International Airport is just 43 kilometers away, while the Mumbai Borivali Railway Station is a short 28.8 kilometers from the property.
The location is well-served by road transport, ensuring convenient access for both public and private transport users.
Strategic Significance for Lemon Tree Hotels
Vilas Pawar, CEO of Lemon Tree Hotels’ managed and franchise business, expressed excitement over the new development, stating, “We are delighted to strengthen our portfolio in Maharashtra, an economic powerhouse known for its rich cultural heritage, diverse landscapes, and vibrant history.
This opening will be an addition to our twelve existing and five upcoming hotels in the state.
Lemon Tree Hotels Expands in Maharashtra with New Property in Bapane, Set to Open in 2026:
This new property in Bapane is part of Lemon Tree’s larger strategy to expand its footprint in Maharashtra, which is a key market for the company. With its diverse range of offerings across various market segments, including upscale, midscale, and economy, Lemon Tree aims to tap into the growing demand for hospitality in both urban and regional destinations.
Strong Financial Performance and Growth Trajectory
Lemon Tree Hotels has been witnessing robust growth, reflected in its latest financial results. For Q2 FY25, the company reported a significant 31% increase in net profit, amounting to Rs 29.64 crore. Net sales also surged by 25%, reaching Rs 284.37 crore, compared to Q2 FY24. This positive performance highlights the company’s strong recovery and expansion,
with the Maharashtra market playing an integral role in its growth strategy.
Expanding National and International Reach
Lemon Tree Hotels continues to diversify its offerings with a portfolio that spans across various segments, including upscale, upper-midscale, midscale, and economy hotels. The company’s seven distinct brands cater to diverse guest needs and preferences, making it a versatile player in India’s competitive hospitality landscape. Beyond India, Lemon Tree has expanded its footprint internationally with properties in Dubai, Bhutan, and Nepal.
Conclusion
Lemon Tree Hotels’ new property in Bapane, Maharashtra, signals the company’s ongoing commitment to expanding its presence in high-potential markets. With strong financial results, strategic location advantages, and an expansive portfolio,
Lemon Tree Hotels is poised to remain a major player in India’s hospitality sector for the foreseeable future. As the hotel chain strengthens its foothold in Maharashtra, it will be interesting to see how the company leverages regional growth opportunities to further enhance its market position.
FAQ:
1. What is the new Lemon Tree Hotel property in Maharashtra?
Lemon Tree Hotels has announced the signing of a new property in Bapane, Maharashtra, which is set to open in FY 2026. The hotel will be managed by Carnations Hotels, a subsidiary of Lemon Tree Hotels, and will feature 76 well-appointed rooms along with a range of amenities like a restaurant, meeting room, swimming pool, and spa.
2. When will the new Lemon Tree Hotel in Bapane open?
The Lemon Tree Hotel in Bapane is expected to open in FY 2026.
3. How many rooms will the new Lemon Tree Hotel in Bapane have?
The hotel will have 76 well-appointed rooms designed to offer comfort and convenience to guests.
4. What amenities will be available at the new Lemon Tree Hotel in Bapane?
The hotel will feature a restaurant, meeting rooms, a swimming pool, a spa, and other public areas for events and relaxation.
5. How far is the Lemon Tree Hotel in Bapane from Mumbai’s key transport hubs?
The hotel is conveniently located:
- 43 kilometers from Mumbai International Airport
- 28.8 kilometers from Mumbai Borivali Railway Station
- It is also well-connected by roadways, making it accessible for both public and private transport.
6. Who is managing the new Lemon Tree Hotel in Bapane?
The new Lemon Tree Hotel will be managed by Carnations Hotels, a subsidiary of Lemon Tree Hotels.
7. Why is Lemon Tree Hotels expanding in Maharashtra?
Maharashtra is a significant economic and cultural hub in India, making it a key market for Lemon Tree Hotels. With its diverse portfolio across various hotel segments, the company aims to cater to the growing demand for hospitality services in both urban and regional locations.
8. How many hotels does Lemon Tree Hotels currently have in Maharashtra?
Lemon Tree Hotels currently operates twelve hotels in Maharashtra, with five more properties planned in the state.
9. What has been the company’s recent financial performance?
Lemon Tree Hotels has shown strong growth, with a 31% increase in net profit to Rs 29.64 crore and a 25% rise in net sales to Rs 284.37 crore for Q2 FY25, compared to the same period last year.
10. Where else does Lemon Tree Hotels have properties?
In addition to its extensive presence across India, Lemon Tree Hotels has expanded internationally with properties in Dubai, Bhutan, and Nepal. The company operates hotels across various market segments, including upscale, upper-midscale, midscale, and economy.
11. What is the impact of the new Bapane property on Lemon Tree Hotels’ overall strategy?
The Bapane property is part of Lemon Tree Hotels’ broader expansion strategy in Maharashtra, a key market in India. This opening will help strengthen the company’s presence in both metropolitan and regional areas, contributing to its growth in the domestic hospitality sector.
Disclaimer
The information provided on www.stockpulsdailynews.com is for informational purposes only and does not constitute financial advice. Stock trading is inherently risky, and users agree to assume full responsibility for their trading decisions, including any loss of capital. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented.
Users should conduct their own research and consult with a qualified financial advisor before making any investment decisions. www.stockpulsdailynews.com disclaims all warranties and is not liable for any damages arising from the use of this website. By using this site, you agree to these terms.
For any question, please contact us