Project Location : Hyderabad, Andhra Pradesh |
Lemon Tree Hotels had set up a new hotel in Hyderabad in the IT hub. It has 267 rooms and has come up with an investment of Rs. 2000 million. The hotel chain has two brands - Lemon Tree and Red Fox and has 14 properties and has plans to increase it to 20 hotels across 15 cities. The company is also planning an IPO by 2012 to finance its ambitious plans