Lemon Tree Hotels has announced the execution of a Hotel Operating Agreement (HOA) for a new property in Tirupati, Andhra Pradesh. The agreement was signed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, and marks another significant expansion in the company's pilgrimage destination portfolio.

New Property Details

The upcoming hotel will operate under the brand name "Lemon Tree Suites" and will feature significantly expanded facilities compared to the company's existing Tirupati property. The new development represents a substantial investment in the region's hospitality infrastructure.

Strategic Location and Market Position

Tirupati, home to the renowned Sri Venkateswara Temple, attracts millions of devotees annually from across the world. The city's location in the Eastern Ghats of Andhra Pradesh offers a unique blend of spiritual significance and natural beauty, making it an attractive destination for both pilgrimage and leisure tourism.

Vilas Pawar, CEO - Managed & Franchise Business at Lemon Tree Hotels, commented on the development: "With this signing, we are pleased to extend our pilgrimage portfolio in a place that holds deep spiritual resonance. Moreover, the vibrant tourism, rich cuisine, and growing hotel infrastructure make Andhra Pradesh a magnet for tourism travellers seeking unforgettable experiences."

Operational Structure

The hotel will be operated by Carnation Hotels Private Limited under the "Lemon Tree Suites" brand, subject to the execution of a license agreement by Lemon Tree Hotels Limited. The license agreement for brand usage will be finalized after receipt of the Occupation/Completion Certificate for the property.

Expanded Presence in Andhra Pradesh

This new agreement strengthens Lemon Tree Hotels' presence in Andhra Pradesh, where the company now has six operational hotels and three upcoming properties, including this latest addition. The state has emerged as a key market for the hospitality chain, driven by growing tourism infrastructure and increasing visitor numbers.

Company Portfolio Overview

Lemon Tree Hotels Limited operates over 120 hotels across more than 80 cities in India and internationally, with a pipeline of over 120 upcoming properties. The company's multi-brand strategy includes Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite, catering to diverse market segments from value-conscious travelers to premium business and leisure guests.

Lemon Tree Hotels Limited has announced the signing of a license agreement for a new property in Bandipur, Nepal, further strengthening the hospitality company's presence in the Nepalese market. The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

Property Details and Features

The Lemon Tree Hotel, Bandipur, Nepal will be strategically located in the beautifully preserved town in Nepal's Tanahun District. The property is positioned at a height of 1,030 meters and will be accessible via a 1,700-meter cable car ride, making it the only hotel at the top of this scenic location.

Strategic Location and Connectivity

Bandipur is conveniently located between Kathmandu and Pokhara in the Tanahun District of Gandaki Province. The property offers stunning bird's eye views of the Himalayan ranges and the Marsyangdi Valley. The town is known as a living museum for its traditional Newari architecture, cobblestone streets, and cultural heritage.

Management Commentary

Vilas Pawar, CEO-Managed Franchise Business at Lemon Tree Hotels, commented on the expansion: "We are thrilled to deepen our presence in Nepal, complementing our existing portfolio of two operational hotels and three upcoming properties. This latest signing further expands our footprint in this dynamic market, reinforcing our commitment to delivering exceptional hospitality experiences in India and abroad."

Company Portfolio Overview

Lemon Tree Hotels Limited operates across multiple segments with seven distinct brands including Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite. The company currently operates hotels across cities in India and maintains an international presence in Dubai, Bhutan, and Nepal.

The Bandipur property signing represents the company's continued expansion strategy in the South Asian region, building on its established reputation in the hospitality sector since opening its first hotel in 2004.