Lemon Tree Hotels opens 94-room Premier property in Vadodara
- Lemon Tree Hotels opens 94-room Lemon Tree Premier in Vadodara
- Property marks the group's 13th operational hotel in Gujarat
- Company has 19 more properties planned for the state
- National portfolio exceeds 130 hotels with 140+ in pipeline

*this image is generated using AI for illustrative purposes only.
Lemon Tree Hotels has announced the opening of Lemon Tree Premier, Vadodara, marking its 13th operational hotel in Gujarat. The 94-room upscale property strengthens the group’s presence in one of the state’s key commercial centres.
The hotel, managed by wholly owned subsidiary Carnation Hotels Private Limited, adds to the group’s existing three properties in the city across the Lemon Tree Hotel, Keys Lite, and Keys Select brands. This multi-brand strategy allows the company to cater to a broader spectrum of corporate, leisure, and social travellers.
Property Details and Facilities
Located near Akota Gardens, the new property offers easy access to commercial districts and key attractions including Laxmi Vilas Palace and Sursagar Lake. It is situated approximately 10 km from Vadodara Airport, 3.3 km from the railway station, and 3.5 km from the city centre.
Key amenities include:
- 94 well-appointed rooms and suites
- Citrus Café, a multi-cuisine restaurant, and a Tea Lounge
- Banquet hall, meeting room, and business centre
- Swimming pool, spa, and fitness centre
- 24x7 front desk, housekeeping, and valet parking
Expansion Context
Vishvapreet Singh Cheema, President of Lemon Tree Hotels, noted that the opening reflects strong demand and long-term commitment to the market. The group now operates 13 hotels in Gujarat, with a pipeline of 19 upcoming properties in the state.
Nationally, Lemon Tree Hotels operates over 130 hotels across 80+ cities in India and abroad. The total pipeline stands at more than 140 upcoming properties, spanning metro hubs like Delhi-NCR and Mumbai to tier II and III cities such as Jaipur and Indore. The group also maintains an international presence in Bhutan and Nepal.
What the Numbers Show
The addition of the Lemon Tree Premier brand in Vadodara signals a strategic shift toward capturing higher-value segments in established markets. With three existing mid-scale and budget properties (Keys Lite, Keys Select, Lemon Tree Hotel) already operating in the city, the new upscale entry allows the company to address diverse traveller needs without cannibalising existing inventory. This multi-brand density in a single city suggests a focus on market share consolidation rather than purely geographic expansion in this specific region.
Historical Stock Returns for Lemon Tree Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.66% | -2.34% | -5.20% | +2.13% | -41.49% | +154.33% |
How might the introduction of the Lemon Tree Premier brand in Vadodara impact the average daily rate (ADR) and revenue per available room (RevPAR) for the group's existing mid-scale properties in the city?
Given the 19-property pipeline in Gujarat, what are the primary capital expenditure requirements and funding strategies Lemon Tree Hotels plans to employ to sustain this aggressive regional expansion?
How does the competitive landscape in Vadodara's upscale hospitality sector compare to other tier-II cities like Jaipur or Indore where Lemon Tree is also expanding?


































