Lemon Tree Hotels signs properties in Nepal and Vijayawada

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Reviewed by
Ashish TScanX News Team
Key Highlights

Lemon Tree Hotels expands its portfolio with two new signings in Nepal and India. The 120-room property in Siddharthanagar boosts the Nepal count to eight, while the 70-room Keys Select in Vijayawada raises the Andhra Pradesh total to 11.

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Lemon Tree Hotels has signed license agreements for two new properties, expanding its footprint in Nepal and Andhra Pradesh. On July 29, 2026, the company announced the signing of Lemon Tree Hotel, Siddharthanagar in Nepal, and Keys Select by Lemon Tree Hotels, Vijayawada in India. These additions strengthen the group’s presence in key commercial and pilgrimage markets, adding scale to its established operations. Both properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the National Stock Exchange of India Limited and BSE Limited.

Property Details

The two new signings feature distinct room counts and amenities tailored to their respective locations:

Property Name Location Room Count Key Amenities
Lemon Tree Hotel, Siddharthanagar Rupandehi, Nepal 120 Restaurant, banquet hall, meeting/conference room, bar lounge, swimming pool, spa, fitness centre
Keys Select by Lemon Tree Hotels, Vijayawada Andhra Pradesh, India 70 Restaurant, banquet hall, meeting/conference room, spa, fitness centre

The Lemon Tree Hotel in Siddharthanagar is strategically located in Rupandehi, benefiting from proximity to Lumbini, a major Buddhist pilgrimage destination, and the India–Nepal border. Bhairahawa Airport is approximately 2 km from the property. The Keys Select hotel in Vijayawada targets the city’s commercial activity, with Vijayawada Railway Station located just 1.5 km away and Vijayawada Airport approximately 19 km from the site.

Portfolio Expansion

These signings mark significant milestones in Lemon Tree Hotels’ regional growth strategy. In Nepal, the Siddharthanagar addition brings the group’s total portfolio to eight properties, comprising five operational hotels and three upcoming properties. This expansion reinforces the company’s international footprint beyond its existing presence in Bhutan.

In Andhra Pradesh, the Vijayawada signing increases the group’s total presence to 11 properties, including six operational hotels and five upcoming ones. Within Vijayawada specifically, the group will now have five properties, consisting of three operational hotels and two in the pipeline. This concentration underscores the company’s confidence in the city as a key commercial and administrative center.

Vishvapreet Singh Cheema, President of Lemon Tree Hotels Ltd., stated that the growth strategy focuses on building scale in markets with sustained opportunity. He noted that the Vijayawada addition reflects confidence in the city’s continued commercial importance, while the Siddharthanagar location benefits from its strategic position near Lumbini and the border. Together, these signings reinforce the commitment to building a well-diversified portfolio across markets with compelling long-term prospects.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%-1.10%-3.29%-10.38%-27.45%+176.82%

How might the geopolitical dynamics between India and Nepal impact the operational stability and tourist footfall for the new Siddharthanagar property?

What is the expected timeline for the completion and launch of the three upcoming properties in Nepal, and how will this affect near-term revenue recognition?

Given the concentration of five properties in Vijayawada, what cannibalization risks exist, and how does management plan to differentiate the value proposition of each hotel in that cluster?

Lemon Tree Hotels opens Keys Prima in Mussoorie, expands Uttarakhand portfolio

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Reviewed by
Suketu GScanX News Team
Key Highlights

Lemon Tree Hotels opens Keys Prima in Mussoorie, its second property in the town, raising its Uttarakhand portfolio to 10 hotels. Managed by Carnation Hotels Private Limited, the 47-room facility supports the group’s strategy to expand in key leisure markets, with 11 more properties planned in the state.

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Lemon Tree Hotels has opened Keys Prima by Lemon Tree Hotels on Kempt Road, Mussoorie, marking its second operational property in the destination and expanding its total portfolio in Uttarakhand to 10 hotels. The opening, disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, strengthens the group’s foothold in a key leisure market while 11 additional properties remain in the pipeline across the state.

The facility is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. Located against the backdrop of the Garhwal Himalayas, the hotel offers 47 rooms and suites across Superior, Deluxe, Executive, and Studio Suite categories. It features a restaurant (Keys Café), a bar (Unlock Bar), a banquet venue (Grand Chamber), a swimming pool, fitness centre, spa, and kids' zone.

Operational Details

Feature Detail
Property Name Keys Prima by Lemon Tree Hotels
Location Kempt Road, Mussoorie
Room Count 47
Management Carnation Hotels Private Limited
State Portfolio 10 operational hotels

Vishvapreet Singh Cheema, President of Lemon Tree Hotels Ltd., noted that Uttarakhand remains a prominent tourism market with sustained demand across leisure, pilgrimage, and MICE travel. He stated that Mussoorie’s enduring appeal drives the need for trusted hospitality, positioning the new property to serve diverse guest experiences through its location and amenities.

Connectivity and Strategy

The hotel is situated approximately 71 km from Dehradun's Jolly Grant Airport, 44 km from Dehradun Railway Station, and 10 km from Mussoorie Library Bus Station. This connectivity supports the group’s broader strategy to deepen its presence in Uttarakhand, where it has established a multi-brand presence across key leisure and pilgrimage destinations.

What the Numbers Show

The expansion to 10 operational hotels in Uttarakhand highlights Lemon Tree Hotels’ concentrated growth strategy in high-demand leisure corridors. With 11 properties still in the pipeline, the company is doubling down on a single state to capture recurring leisure and pilgrimage traffic, leveraging its multi-brand portfolio to address varied customer segments from value-conscious travellers to premium seekers.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%-1.10%-3.29%-10.38%-27.45%+176.82%

How will the upcoming 11 pipeline properties in Uttarakhand impact Lemon Tree Hotels' overall occupancy rates and revenue per available room (RevPAR) in the region?

What is the expected timeline for the completion of the remaining pipeline properties, and how might seasonal tourism fluctuations in Mussoorie affect their launch strategies?

How does Carnation Hotels Private Limited's management model compare to industry standards in terms of operational efficiency and cost control for leisure-focused properties?

More News on Lemon Tree Hotels

1 Year Returns:-27.45%