Lemon Tree Hotels eyeing luxury sector


Lemon Tree Hotels is planning to enter the luxury segment. The company is talking with two luxury brands in the US and Asia, which have no operations in the country, for its luxury venture. Lemon Tree will share the management fee with the partner brand.

“Many international brands want to enter India but they need someone who they can partner locally. We bring years of experience in the hospitality industry,” said Rattan Keswani, deputy managing director.

The hotel chain is planning to launch its own luxury brand and has even finalised a name.

Full report here Business Standard


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