Lemon Tree Hotels Opens Second Property in Bhubaneswar with 65 Rooms in Two-Phase Launch
Lemon Tree Hotels Limited has opened Lemon Tree Hotel, Bhubaneswar, its second property in Odisha's capital, featuring 65 rooms — up from the 60 rooms disclosed in August 2023. The hotel is opening in two phases, with 50 rooms and key amenities including a restaurant, banquet hall, swimming pool, and fitness center operational from May 14, 2026, and the remaining 15 rooms to follow in the second phase. Located in Bharatpur, approximately 8 km from Biju Patnaik International Airport and 11 km from Bhubaneswar Railway Station, the property targets business, leisure, medical, and spiritual travellers. The launch adds to the group's portfolio of 130+ operational hotels across 80+ cities in India and abroad.
*this image is generated using AI for illustrative purposes only.
Lemon Tree Hotels Limited has announced the opening of lemon tree hotels Hotel, Bhubaneswar — the brand's second property in Odisha's capital city. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on May 14, 2026. The hotel features 65 well-appointed rooms, an increase from the 60 rooms disclosed earlier to the stock exchanges vide disclosure dated August 21, 2023.
Two-Phase Opening Plan
The property is being launched in two phases, with the first phase operational as of May 14, 2026. The following table outlines the phased rollout of the hotel:
| Parameter: | Details |
|---|---|
| Total Rooms: | 65 |
| Phase 1 – Rooms Open: | 50 |
| Phase 1 – Facilities: | Citrus Café (multi-cuisine coffee shop), Pool Bar & Grill, banquet and conference spaces, swimming pool, fitness center |
| Phase 2 – Rooms Remaining: | 15 |
| Location: | Bharatpur, Bhubaneswar |
| Distance from Airport: | Approximately 8 km from Biju Patnaik International Airport |
| Distance from Railway Station: | Approximately 11 km from Bhubaneswar Railway Station |
| Previous Room Disclosure: | 60 rooms (disclosed August 21, 2023) |
Strategic Location and Demand Drivers
The hotel is situated in Bharatpur, described as one of Bhubaneswar's rapidly developing commercial and residential corridors. The property is positioned to cater to a diverse mix of business, leisure, medical, and spiritual travellers. Key demand drivers in proximity include SUM Hospital, major transit points, and prominent cultural landmarks such as the Khandagiri and Udayagiri Caves.
Management Commentary
Commenting on the launch, Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., said, "Bhubaneswar has rapidly evolved into a multi-dimensional growth hub, where a thriving IT sector, specialized healthcare, and a premier educational ecosystem converge. The launch of our second property here is a strategic response to this diversified demand, positioning our hotel at the heart of the city's most active commercial and medical districts. By anchoring ourselves in Bharatpur, we are providing high-quality, organized hospitality to a resilient mix of travellers who are driving Odisha's economic transformation."
About Lemon Tree Hotels Limited
Lemon Tree Hotels Limited operates seven distinct brands — Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite — catering to segments ranging from upper upscale to midscale, leisure, wildlife, and spiritual. The group operates 130+ hotels across 80+ cities in India and abroad, with a growing pipeline of 130+ upcoming properties. Key highlights of the group's portfolio include:
- Presence in metro hubs: Delhi-NCR, Mumbai, Bengaluru, Hyderabad
- Tier II & III cities: Jaipur, Udaipur, Kochi, Indore
- International presence: Dubai, Bhutan, Nepal
- Total portfolio (operational and upcoming): 250+ properties
- First hotel opened: 2004 (49-room property)
The Bhubaneswar opening further deepens the group's footprint in Eastern India as it continues to expand across high-visibility markets.
Historical Stock Returns for Lemon Tree Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.14% | -9.60% | -4.79% | -30.46% | -21.57% | +184.20% |
What is the expected timeline for Phase 2 completion, and how might delays impact the hotel's revenue ramp-up in Bhubaneswar?
Given Lemon Tree's 130+ property pipeline, which other Tier II cities in Eastern India are likely to see new openings in the next 12–18 months?
How will the proximity to SUM Hospital influence the hotel's average room rate and occupancy mix compared to Lemon Tree's other properties in Odisha?
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