Lemon Tree Hotels Signs 63-Room Property in Rajendranagar, Hyderabad

1 min read     Updated on 04 Mar 2026, 08:04 AM
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Reviewed by
Ashish TScanX News Team
Overview

Lemon Tree Hotels Limited announced signing of license agreement for new 63-room hotel in Rajendranagar, Hyderabad, to be managed by wholly-owned subsidiary Carnation Hotels Private Limited. The property will feature comprehensive amenities including restaurant, banquet hall, meeting room, spa, fitness center and swimming pool, with strategic connectivity to airport and railway station.

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*this image is generated using AI for illustrative purposes only.

Lemon Tree Hotels Limited has announced the signing of a license agreement for Lemon Tree Hotel, Rajendranagar, Hyderabad, marking a significant expansion in the Telangana capital. The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

Property Specifications and Amenities

The new hotel will feature comprehensive facilities designed for both business and leisure travelers:

Facility: Details
Total Rooms: 63 well-appointed rooms
Dining: Restaurant
Events: Banquet hall and meeting room
Wellness: Spa and fitness center
Recreation: Swimming pool

Strategic Location and Connectivity

Rajendranagar represents a strategic addition to Lemon Tree Hotels' portfolio in Hyderabad, one of India's leading technology, pharmaceutical and infrastructure hubs. The location offers excellent connectivity for travelers:

Connectivity: Distance Travel Time
Rajiv Gandhi International Airport: 22 kms 32 minutes
Shamshabad Railway Station: 16 kms 30 minutes

Management Commentary

Vilas Pawar, CEO – Managed & Franchise Business, Lemon Tree Hotels, commented on the development: "Hyderabad continues to be a high-growth market for us, driven by its strong corporate base and sustained infrastructure development. The signing of Lemon Tree Hotel, Rajendranagar, Hyderabad reflects our strategy of strengthening presence in key urban centres while tapping into emerging micro-markets within metro cities."

Market Expansion Strategy

This latest property addition aligns with Lemon Tree Hotels' ongoing expansion plans in strategic locations across India. The signing demonstrates the company's focus on identifying and securing prime locations in key cities to enhance its hospitality network. Hyderabad's dynamic business ecosystem and rich cultural heritage continue to attract corporate, MICE and leisure travelers, making it an attractive market for hospitality operators.

The addition reinforces Lemon Tree Hotels' continued focus on expanding its managed portfolio in high-potential markets, aligned with evolving travel demand across business and leisure segments.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-3.33%-5.77%-13.96%-33.33%-12.46%+171.71%

Lemon Tree Hotels Expands Maharashtra Portfolio with New 55-Room Property in Akola

2 min read     Updated on 27 Feb 2026, 07:07 PM
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Reviewed by
Radhika SScanX News Team
Overview

Lemon Tree Hotels has announced the signing of a new 55-room Keys Prima property in Akola, Maharashtra, managed by its subsidiary Carnation Hotels Private Limited. This strategic expansion brings the company's total Maharashtra portfolio to 28 hotels, comprising 15 operational and 13 upcoming properties, reinforcing its presence in the state's emerging commercial centres.

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*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 Keys Prima property in Akola, Maharashtra, marking another strategic expansion in one of India's most economically active states. The development reinforces the company's commitment to strengthening its presence across Maharashtra's emerging commercial centres and boosting its total collection to fifteen operational and thirteen upcoming hotels in the state.

Property Details and Strategic Location

The new hotel will operate under the Keys Prima by Lemon Tree Hotels brand and will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. Located in Akola, a key commercial and agricultural centre in the Vidarbha region, the property is positioned to serve the growing business and regional travel demand.

Parameter: Details
Rooms: 55 well-appointed rooms
Location: Akola, Maharashtra
Management: Carnation Hotels Private Limited
Brand: Keys Prima by Lemon Tree Hotels
Distance from Airport: Approximately 265 km from Dr. Babasaheb Ambedkar International Airport
Distance from Railway: 4.4 km from Akola Junction railway station

Comprehensive Amenities and Facilities

The hotel will offer a complete range of amenities designed to cater to both business and leisure travellers. The property will feature:

  • Restaurant for dining services
  • Banquet hall for events and celebrations
  • Conference room for business meetings
  • Fitness centre for health and wellness
  • Swimming pool for recreation
  • Spa facilities for relaxation

These amenities position the property to serve corporate travellers, trade visitors, and regional transit demand effectively.

Maharashtra Portfolio Expansion

With this new signing, Lemon Tree Hotels now operates 28 hotels in Maharashtra, demonstrating significant presence across the state. The portfolio composition includes:

Portfolio Status: Count
Operational Properties: 15 hotels
Pipeline Properties: 13 hotels (including this signing)
Total Maharashtra Portfolio: 28 hotels

Management Commentary

Commenting on the development, Mr. Vilas Pawar, CEO – Managed & Franchise Business, Lemon Tree Hotels, highlighted the strategic importance of the location: "Akola's growing commercial relevance within the Vidarbha region makes it a strategic addition to our Maharashtra portfolio. As business activity expands beyond the state's primary metros, we see strong opportunity in emerging regional centres that require quality branded hospitality."

Market Positioning

Akola's significance as a commercial and agricultural centre, particularly known for cotton production and strong trading ecosystem, makes it an attractive destination for business travel. The city continues to witness steady regional development supported by infrastructure growth and expanding business activity, positioning it as an important economic node in Central India.

This signing reflects Lemon Tree Hotels' continued focus on deepening its presence across Maharashtra's growth corridors, strategically aligning portfolio expansion with evolving business and regional travel demand patterns.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-3.33%-5.77%-13.96%-33.33%-12.46%+171.71%

More News on Lemon Tree Hotels

1 Year Returns:-12.46%