Lemon Tree Hotels signs 85-room hotel in Janakpur, Nepal

1 min read     Updated on 23 Jun 2026, 09:31 AM
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AI Summary

Lemon Tree Hotels Limited has signed a license agreement for Lemon Tree Hotel, Janakpur in Nepal, adding an 85-room property to its portfolio. Managed by subsidiary Carnation Hotels, the project expands the group's presence in Nepal to 8 properties. The international portfolio now totals 11 properties across Nepal, Bhutan, and Dubai.

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Lemon Tree Hotels Limited has signed a license agreement for Lemon Tree Hotel, Janakpur in Nepal, expanding its international footprint to 11 properties. The new hotel will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels, marking the group's entry into a key pilgrimage destination in South Asia. The property will feature 85 well-appointed rooms along with a restaurant, banquet hall, meeting room, bar lounge, swimming pool, spa, and fitness centre.

With this addition, the group's international portfolio now comprises 6 operational hotels and 5 upcoming properties across Nepal, Bhutan, and Dubai. Specifically in Nepal, the company's presence has grown to 8 properties, including 3 operational hotels and 5 in the pipeline. The hotel is located in the Dhanusha District, Janakpurdham Sub-Metropolitan City, placing it near key pilgrimage sites such as the Janaki Temple and Ram Mandir.

Expansion Details

The signing aligns with the company's strategy to build hospitality infrastructure in culturally significant markets. Janakpur is known as the birthplace of Goddess Sita and draws millions of pilgrims and heritage travellers, particularly during festivals like Vivah Panchami and Ram Navami.

The following table summarises the key metrics related to Lemon Tree Hotels' international portfolio following this latest signing:

Metric: Details:
Total International Portfolio: 11 properties
Operational International Hotels: 6
Upcoming International Properties: 5
Total Properties in Nepal: 8 properties
Operational Hotels in Nepal: 3
Upcoming Hotels in Nepal: 5
Rooms in New Hotel: 85

Mr. Vishvapreet Singh Cheema, President of Lemon Tree Hotels Ltd., stated that the growing connectivity in Janakpur is driving a surge in heritage travel. He noted that the signing allows the group to deliver its signature hospitality and solidify its position as a trusted brand in the region. The company operates 130+ hotels across 80+ cities in India and abroad, with a pipeline of 140+ upcoming properties.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
+0.29%+10.35%+5.63%-26.50%-12.59%+186.34%

What is the expected timeline for the completion and opening of the Lemon Tree Hotel in Janakpur?

How will the new property impact Lemon Tree Hotels' revenue contribution from international markets?

Are there plans for further expansion into other pilgrimage or heritage sites in South Asia?

Lemon Tree Hotels signs two new resorts in Maharashtra, adds 200 keys

1 min read     Updated on 19 Jun 2026, 04:23 PM
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AI Summary

Lemon Tree Hotels Limited has signed two license agreements for new resorts in Tadgaon and Igatpuri, Maharashtra, adding 200 keys to its portfolio. The properties will be managed by Carnation Hotels Private Limited, increasing the company's presence in the state to 32 properties.

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Lemon Tree Hotels Limited has signed two license agreements for new resorts in Tadgaon and Igatpuri, Maharashtra, adding 200 keys to its portfolio. The properties, Lemon Tree Resort, Tadgaon and Lemon Tree Resort, Igatpuri, will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. This expansion increases the company's presence in the state to 32 properties, comprising 15 operational and 17 in various stages of development.

Property Details

The new signings aim to strengthen the company's network in high-potential micro-markets emerging as preferred drive-to destinations for leisure and corporate travel from urban hubs like Mumbai, Navi Mumbai, Thane, and Pune. The following table outlines the key features of the upcoming properties:

Property Location Rooms Amenities
Lemon Tree Resort Tadgaon 110 Restaurant, banquet hall, meeting/conference room, swimming pool, spa, fitness center
Lemon Tree Resort Igatpuri 90 Restaurant, banquet hall, meeting/conference room, swimming pool, spa, fitness center

Strategic Expansion

Lemon Tree Resort, Tadgaon is located approximately 75 km from Navi Mumbai International Airport and 100 km from Mumbai Central Railway Station. Meanwhile, Lemon Tree Resort, Igatpuri is situated approximately 134 km from Mumbai International Airport and 5.6 km from Igatpuri Railway Station. Both properties are designed to cater to leisure and events-led travel.

Vishvapreet Singh Cheema, President of Lemon Tree Hotels Ltd., stated that the expansion strategy aligns with the evolving dynamics of the drive-to hospitality sector. He noted that the company is positioned to capture a mix of weekend leisure, multi-generational travel, and corporate retreats through these new additions.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
+0.29%+10.35%+5.63%-26.50%-12.59%+186.34%

What is the expected timeline for the completion and opening of these two new resorts?

How will the addition of these properties impact Lemon Tree Hotels' revenue and occupancy rates in Maharashtra?

Are there plans for further expansion in other emerging drive-to destinations across India?

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