Lemon Tree adds Sri Ganganagar property, Rajasthan footprint hits 23 hotels
Lemon Tree Hotels has opened a new property in Sri Ganganagar, taking its Rajasthan network to 23 hotels under managed-arm Carnation Hotels. The opening signals continued tier-2/3 push in a high-tourism state, with Carnation deepening its role as the asset-light expansion vehicle.
What happened
Lemon Tree Hotels opened a new property in Sri Ganganagar, Rajasthan, expanding its state network to 23 hotels, managed by subsidiary Carnation Hotels. Apollo
Key facts
- 23 hotels in Rajasthan
- Rs 17.8 crore compounding (Apollo)
Why this matters
Rajasthan now anchors a 23-hotel cluster, making it a defensible regional moat and a template for replicating Carnation-led density in other high-tourism states.