Lemon Tree Hotels Expands Footprint with New 78-Room Resort in Mahabaleshwar
Lemon Tree Hotels Limited has signed a license agreement for a new property, Lemon Tree Resort, Saj by the Mountain, in Mahabaleshwar, Maharashtra. The 78-room resort will feature amenities including a restaurant, bar, banquet hall, swimming pool, and spa. This expansion brings Lemon Tree's portfolio in Maharashtra to 15 operational properties, 11 upcoming properties, and 1 newly signed property. The resort will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

*this image is generated using AI for illustrative purposes only.
Lemon Tree Hotels Limited , one of India's fastest-growing mid-scale and premium hotel chains, has announced a significant expansion of its portfolio in Maharashtra. The company has signed a license agreement for a new property, Lemon Tree Resort, Saj by the Mountain, in the picturesque hill station of Mahabaleshwar.
Key Details of the New Property
Feature | Description |
---|---|
Location | Mahabaleshwar, Maharashtra |
Property Name | Lemon Tree Resort, Saj by the Mountain |
Number of Rooms | 78 |
Key Amenities | Restaurant, Bar, Banquet Hall, Swimming Pool, Spa |
Management | Carnation Hotels Private Limited (wholly-owned subsidiary of Lemon Tree Hotels Limited) |
Nearest Airport | Pune International Airport (147 km) |
Nearest Railway Station | Pune Railway Station (160 km) |
Strategic Expansion
This new signing aligns with Lemon Tree Hotels' vision of expanding across destinations of all tiers while catering to both business and leisure travelers. The addition of this property strengthens the company's presence in Maharashtra, where it now has:
- 15 operational properties
- 11 upcoming properties
- 1 newly signed property (Lemon Tree Resort, Saj by the Mountain)
About the Location
Mahabaleshwar, known for its lush green valleys, strawberry farms, and breathtaking viewpoints, is a popular destination for nature lovers, honeymooners, and families seeking a peaceful retreat. The town offers a mix of natural beauty and colonial charm, featuring attractions such as:
- Arthur's Seat
- Kate's Point
- Elephant's Head Point
- Venna Lake (for boating)
- Pratapgadh Fort (built in the 1650s)
- Lingmala Waterfall
Management's Perspective
Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels, commented on the signing, stating, "With this signing, we will expand our leisure portfolio in Maharashtra, a state where we have 15 operational and 11 upcoming properties in addition to this one. While expanding its footprint across the country across cities of all tiers, this signing by Lemon Tree Hotels perfectly aligns with the company's vision of offering refreshing and comfortable stays across all destinations."
Company Overview
Lemon Tree Hotels Limited operates across various segments of the hospitality industry, including:
- Upper upscale
- Upscale
- Upper midscale
- Midscale
- Leisure
- Wildlife
- Spiritual
The company currently operates over 120 hotels across more than 80 cities in India and abroad, with a growing pipeline of over 110 upcoming properties. From major metro hubs to tier II & III cities, Lemon Tree Hotels has established a strong presence, delivering consistent quality and a warm, refreshing experience to its guests.
This latest addition to their portfolio in Mahabaleshwar further solidifies Lemon Tree Hotels' position as a key player in India's hospitality sector, particularly in the leisure segment.
Historical Stock Returns for Lemon Tree Hotels
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.34% | -0.17% | -7.16% | +15.42% | +31.35% | +495.88% |