Lemon Tree adds 200 keys in Maharashtra with Tadgaon, Igatpuri resort signings
Lemon Tree Hotels signed two leisure resorts in Maharashtra — 110 rooms in Tadgaon and 90 in Igatpuri — through subsidiary Carnation Hotels. The signings push its Maharashtra portfolio to 32 properties (15 operational, 17 under development), targeting drive-to leisure and Mumbai-Pune corporate demand.
Lemon Tree Hotels signed two new resorts in Maharashtra's Tadgaon (110 rooms) and Igatpuri (90 rooms), adding 200 keys to its pipeline. Maharashtra portfolio expands to 32 properties, targeting drive-to leisure and corporate travel from Mumbai-Pune.
Why this matters
Continues Lemon Tree's aggressive state-by-state expansion after recent Sri Ganganagar signing in Rajasthan (23 hotels) and Kumbakonam temple-tourism play in Tamil Nadu, now densifying Maharashtra leisure footprint.
Store-opening signals steady at 254 over 90 days, reflecting sustained hospitality and retail expansion momentum.