Acquiring management rights

News, Hospitality Trends

Carnation Hotels, the hotel management joint venture partner of Lemon Tree Hotels has taken over management duties at the erstwhile Golden Tulip Hotel in Jaipur. The 108-room landmark property, owned by Radhamohan Builders Pvt Ltd (Royal Ensign Group), has entered into a 10-year renewable agreement with Carnation Hotels for management of the property. The agreement was signed by Rattan Keswani, co-promoter and managing director, Carnation Hotels and Surja Ram Meel, director, Radhamohan Builders Pvt Ltd. “Jaipur is an important part of the Golden Triangle. With its current strength of seven hotels (over 800 rooms) in the NCR, Lemon Tree is well poised to add Jaipur to its portfolio and benefit from the synergy between the two cities. We are excited about including this destination in our portfolio and growing the revenues in the future,” said Keswani.
The hotel is now called Lemon Tree Premier, the upscale hotel brand of the Lemon Tree chain. Speaking on the occasion, Patu Keswani, CMD Lemon Tree Hotels, said, “We are delighted to add Lemon Tree Premier, Jaipur to the growing portfolio. This property enhances the portfolio mix and allows the Lemon Tree group to consolidate its presence in this business hub as well as reach out to the growing domestic leisure market. The Golden Triangle continues to be an attractive itinerary and draws in a large number of domestic and international tourists.” Meel added, “Apart from the advantage of bringing world class management to the table, this partnership will help our hotel gain global exposure and access to consumers by being part of this fast growing group. We are excited about Lemon Tree’s distribution strength across India and its access to both domestic and international markets. We are confident we shall be one of the best hotels in Jaipur in the near future.”

 

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