Lemon Tree Hotels Expands Footprint with New Property in Dehradun Mall
Lemon Tree Hotels Limited has launched a new 98-room managed property in the Mall of Dehradun, Uttarakhand. This marks the company's ninth operational hotel in the state, with eight more under development. The hotel features a multi-cuisine restaurant, Citrus Café, and banquet facilities. Following the announcement, Lemon Tree Hotels' shares rose 1.51% to ₹168.25 on the BSE. The company now operates over 120 hotels across more than 80 cities in India and abroad, with plans for over 120 additional properties.

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Lemon Tree Hotels Limited , a prominent player in India's hospitality sector, has announced the launch of a new managed property in Uttarakhand, marking its ninth operational hotel in the state. The 98-room Lemon Tree Hotel, situated in the Mall of Dehradun, represents a strategic expansion of the company's presence in northern India.
Key Highlights
- Location: The new property is located within the Mall of Dehradun, Uttarakhand's largest shopping mall, in the scenic Doon Valley.
- Capacity: The hotel features 98 well-appointed rooms and suites.
- Amenities: Guests can enjoy the multi-cuisine restaurant Citrus Café and access to banquet facilities.
- Market Response: Following the announcement, Lemon Tree Hotels' shares saw a positive uptick, rising 1.51% to ₹168.25 on the BSE.
Expansion Strategy
This launch is part of Lemon Tree Hotels' broader expansion plan in Uttarakhand. The company now operates nine hotels in the state, with eight more under development. This aggressive growth strategy underscores the company's confidence in the region's tourism potential.
Property Details
| Feature | Description |
|---|---|
| Rooms | 98 rooms and suites |
| Dining | Citrus Café (multi-cuisine restaurant) |
| Event Spaces | Tangerine 1 and Tangerine 2 banquet halls |
| Location Advantage | Shares premises with Mall of Dehradun |
Management Perspective
Mr. Vishvapreet Singh Cheema, President of Lemon Tree Hotels, expressed enthusiasm about the new property, stating, "We are pleased to extend our signature comfort and warmth to travellers visiting Dehradun where we already have two hotels. Its prime location will give the guests multiple recreation and shopping options."
Company Overview
Lemon Tree Hotels Limited has established itself as one of India's leading hospitality companies, catering to a diverse range of customers across various segments. The company operates over 120 hotels in more than 80 cities in India and abroad, with a robust pipeline of over 120 upcoming properties.
This latest addition to Lemon Tree's portfolio reinforces the company's commitment to expanding its presence in key markets and capitalizing on the growing demand for quality accommodations in emerging tourist destinations.
Historical Stock Returns for Lemon Tree Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.17% | -1.28% | -2.71% | +24.19% | +39.78% | +501.63% |
















































