Property Opening Details

Lemon Tree Hotels Limited has announced the opening of Keys Prima by Lemon Tree Hotels, Nashik. This property was previously disclosed to the stock exchanges on August 2, 2024 as Keys Select by Lemon Tree Hotels.

Property Features and Specifications

The hotel features 48 well-appointed rooms and suites (increased from the 45 rooms previously disclosed on August 2, 2024). Facilities include:

  • Multi-cuisine restaurant (Keys Café)
  • Bar (Unlock Bar)
  • Keys Patio
  • Banquet hall
  • Meeting room
  • Fitness centre
  • In-room dining services
  • Conference facilities including Grand Chamber, Chamber, and meeting room

Management Structure

The hotel is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited.

Strategic Significance and Location

This opening marks the Group's debut in Nashik and represents its 15th operational hotel in Maharashtra. The group has 16 additional properties in the pipeline for Maharashtra, including two more upcoming hotels in Nashik itself.

Located on Gangapur Road, close to Ashok Stambh, the property offers convenient access to:

  • City's key cultural, spiritual, commercial and social hubs
  • Trimbakeshwar Jyotirlinga
  • Ramkund
  • Panchvati
  • Pandav Caves
  • Sula Vineyards
  • Gangapur Dam

Connectivity

The hotel is approximately:

  • 21 kms from Nashik Airport (Ozar)
  • 10 kms from Nashik Railway Station
  • 1.5 kms from the Central Bus Station

Management Commentary

Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., stated: "Maharashtra continues to be a strategic growth market for Lemon Tree Hotels, and our debut in Nashik is a significant milestone given the city's unique blend of heritage, commerce, and vineyard tourism. With Keys Prima by Lemon Tree Hotels, we are bringing a contemporary midscale proposition tailored to the city's diverse mix of business, leisure, and pilgrimage travellers."

Market Context

Nashik attracts a diverse mix of business, pilgrimage and leisure travellers due to its growing commercial base and thriving leisure and wine tourism ecosystem.

Company Background

Lemon Tree Hotels Limited operates seven distinct brands: Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite. The group currently operates 130+ hotels across 80+ cities in India and abroad, with a growing pipeline of 140+ upcoming properties.