Lemon Tree Hotels Signs 80-Room Property Agreement in Bandipur, Nepal
Lemon Tree Hotels Limited announced signing of license agreement for Lemon Tree Hotel, Bandipur, Nepal, featuring 80 rooms with full amenities including dining, recreation and event facilities. The property, managed by wholly-owned subsidiary Carnation Hotels, is strategically located at 1,030 meters height with cable car access, offering Himalayan views and strengthening the company's Nepal portfolio.

*this image is generated using AI for illustrative purposes only.
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.
| Feature | Details |
|---|---|
| Total Rooms | 80 well-appointed rooms |
| Dining | Restaurant and bar |
| Event Facilities | Banquet and meeting room |
| Recreation | Swimming pool, spa, fitness center |
| Location Height | 1,030 meters |
| Cable Car Access | 1,700-meter ride |
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.
| Connectivity | Distance |
|---|---|
| Tribhuvan International Airport | 145 km |
| Pokhara International Airport | 75 km |
| Transport Access | Public and private transport |
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.
Historical Stock Returns for Lemon Tree Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.18% | +2.64% | +9.71% | +18.92% | +7.45% | +312.25% |
















































