Lemon Tree Hotels Expands Footprint in Bihar with New 56-Room Property in Gaya
Lemon Tree Hotels Limited has signed a license agreement for a new 56-room hotel in Gaya, Bihar. The property will feature amenities including restaurants, a banquet hall, swimming pool, fitness center, and spa. Located 14 km from Bodhgaya Airport and 6 km from Gaya Railway Station, it will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels. This expansion strengthens the company's presence in Bihar, where it currently operates one hotel with another in the pipeline. Lemon Tree Hotels now operates over 110 hotels across more than 75 cities, with over 110 more properties in development.

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Lemon Tree Hotels Limited , one of India's leading hospitality companies, has announced the signing of a license agreement for a new 56-room hotel in Gaya, Bihar. This strategic move strengthens the company's presence in the state and aligns with its expansion plans across India.
New Property Details
The upcoming Lemon Tree Hotel in Gaya will offer guests a range of amenities, including:
- 56 well-appointed rooms
- Restaurants
- Banquet hall
- Meeting room
- Swimming pool
- Fitness center
- Spa
- Other public areas
The property's location is strategically advantageous, situated approximately 14 kilometers from Bodhgaya Airport and 6 kilometers from Gaya Railway Station. This positioning ensures convenient access for both business and leisure travelers.
Management and Operations
Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, will manage the new property. This arrangement is in line with Lemon Tree's operational strategy for its expanding portfolio.
Expansion Strategy
Mr. Kapil Sharma, Executive Vice President - Finance & Chief Financial Officer of Lemon Tree Hotels, commented on the signing, stating, "With this signing, we further enhance and strengthen our footprint in Bihar, where we operate one hotel and have one more upcoming. This aligns with our strategy of expanding our brand across the country to delight our guests with comfortable options."
Lemon Tree Hotels' Growing Portfolio
The addition of this new property in Gaya contributes to Lemon Tree Hotels' impressive growth trajectory:
- Currently operates over 110 hotels across more than 75 cities in India and abroad
- Has a robust pipeline of over 110 upcoming properties
- Serves more than 1.5 million guests annually
Diverse Brand Portfolio
Lemon Tree Hotels Limited caters to a wide range of customers through its seven distinct brands:
- Aurika Hotels & Resorts
- Lemon Tree Premier
- Lemon Tree Hotels
- Red Fox
- Keys Prima
- Keys Select
- Keys Lite
These brands cover various segments, including upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and spiritual segments.
The expansion into Gaya, Bihar, reinforces Lemon Tree Hotels' commitment to growth and its strategy of providing quality hospitality options across diverse locations in India. As the company continues to expand its footprint, it aims to maintain its position as a trusted name in the hospitality sector for both business and leisure travelers.
Historical Stock Returns for Lemon Tree Hotels
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.34% | +0.56% | +13.63% | +35.26% | +32.82% | +504.63% |