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With the addition of this hotel, the company’s portfolio in Gujarat will increase to 32 properties, comprising 11 operational hotels and 21 in the pipeline.
The upcoming hotel will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels.
Gujarat has been witnessing sustained growth in tourism, driven by marquee attractions such as the Statue of Unity, along with rising interest in spiritual and cultural travel. Garudeshwar, located in proximity to key tourist hubs, is emerging as a significant destination, supported by improving infrastructure and a steady influx of visitors.
The proposed property will feature 90 rooms and is expected to offer a range of facilities, including a restaurant, banquet hall, meeting room, and recreational amenities such as a swimming pool, spa, and fitness centre.
The hotel enjoys strong connectivity, with Vadodara International Airport located approximately 85 km away and Ekta Nagar Railway Station about 5 km from the site.
Neelendra Singh, managing director (MD), Lemon Tree Hotels, said: “Destinations like Garudeshwar are emerging as important nodes within India’s expanding tourism and pilgrimage landscape, where increasing visitor flows are driving demand for quality, branded hospitality. Our focus has been to build presence in such locations, where we see sustained demand supported by strong travel circuits. This signing reflects that approach and allows us to further strengthen our presence in Gujarat.”
Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests’ needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels.
The company reported a marginal rise in consolidated net profit to Rs 62.67 crore in Q3 FY26, compared with Rs 62.49 crore in Q3 FY25. Revenue from operations jumped 14.3% year-on-year to Rs 406.05 crore in the quarter ended 31 December 2025.
Shares of Lemon Tree Hotels rose 0.31% to settle at Rs 114.55 on the BSE.
The company’s operational portfolio has now surpassed 130 hotels with over 11,000 keys across more than 80 destinations. This growth reflects its capital-efficient strategy aimed at rapid scale while maintaining operational consistency and strong partner alignment.
Expansion during the year was led by a focus on high-growth urban markets, tier II and III cities, and emerging leisure destinations, in line with evolving travel demand across India. The company strengthened its presence in pilgrimage destinations such as Tirupati, Ayodhya, and Somnath; leisure markets including Malshej Ghat, Khurpatal, and Barog; and industrial hubs like Bhilai, Rudrapur, and Mhow. This diversified footprint positions the company to capture demand across religious, leisure, and business travel segments.
The development pipeline remained well-diversified across its brand portfolio. The core Lemon Tree Hotels brand led with 27 signings, followed by 9 signings under Lemon Tree Premier. The Keys portfolio added 18 signings, reflecting continued traction in value-driven segments, while selective additions under Aurika Hotels & Resorts and Lemon Tree Resort marked a calibrated push into upscale and leisure markets.
On the operational front, the company opened 20 hotels during the year. The Lemon Tree Hotels brand accounted for 12 openings, while Lemon Tree Premier and Keys Lite added 3 each, and Keys Select contributed 2 openings.
Neelendra Singh, managing director of Lemon Tree Hotels, said, “Lemon Tree Hotels was founded to bridge a critical gap in India’s midscale hospitality sector by delivering reliable, branded experiences. As the market reaches a new level of maturity, our next phase of growth is focused on scaling that core proposition across a much wider geographic network. We are moving beyond the traditional six-city model because the Indian traveler is now everywhere, and our network is expanding to meet them where they are, while maintaining the discipline and consistency that define our brand.”
The counter slipped 1.84% to end at Rs 112.30 on the BSE.
The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
The upcoming property will feature 98 rooms and is designed to cater to modern travellers seeking comfort and connectivity. It will include a multi-cuisine restaurant, a lounge, and extensive banquet and conference facilities. Wellness amenities such as a swimming pool, spa, and fitness centre are also planned.
Neelendra Singh, Managing Director & CEO, Lemon Tree Hotels, said, “We believe Nepal is as a structurally attractive market, where demand is expanding beyond traditional destinations into a wider network of gateway and transit-led cities. Our focus has been to build depth in such markets, where we see both demand visibility and long-term growth potential. The signing in Simara is a natural extension of this approach, allowing us to strengthen our presence in the country while continuing to scale our regional portfolio.”
The official announcement was made on 2 April 2026, after market hours.
The upcoming hotel will feature 76 well-appointed rooms, a restaurant, a banquet hall, a meeting room, a spa, a swimming pool, and a fitness center.
Vilas Pawar, CEO of managed & franchise business at Lemon Tree Hotels, commented, “Gorakhpur is an important gateway city in Eastern Uttar Pradesh with increasing economic and travel activity. This signing aligns with our strategy of expanding into high-potential regional centres where we see sustained demand for branded hospitality. We look forward to offering our signature warm service and comfortable stay experience to guests visiting the city.”
The company reported a 2.5% rise in consolidated net profit to Rs 81.83 crore, while revenue from operations increased 14.3% to Rs 406.05 crore in Q3 FY26 over Q3 FY25.
Shares of Lemon Tree Hotels rose 0.32% to Rs 108.20 on the BSE.
The upcoming property will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
The proposed Lemon Tree Hotel, Barog will feature 49 well-appointed rooms along with a restaurant, banquet hall, meeting room, spa, swimming pool and fitness center. The hotel is expected to cater to leisure travellers, destination events and small corporate offsite gatherings.
The property will also offer convenient connectivity, located approximately 64 km from Shaheed Bhagat Singh International Airport, about 53 km from Chandigarh Railway Station and nearly 32 km from Kalka Railway Station.
Neelendra Singh, Managing Director, Lemon Tree Hotels Limited, said, “Himachal Pradesh continues to be a strong leisure market with growing demand for branded hospitality in scenic destinations. Barog’s proximity to Chandigarh and its appeal as a peaceful hill retreat makes it an attractive addition to our portfolio. This signing aligns with our strategy of expanding thoughtfully into emerging leisure micro-markets while delivering comfortable and quality experiences.”
The scrip rose 1.03% to Rs 112.40 on the BSE.
Lemon Tree Hotels announced the signing of Lemon Tree Hotel, Rajendranagar, Hyderabad. The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
The property will feature 63 well-appointed rooms, a restaurant, banquet hall, meeting room, a spa, fitness centre and swimming pool. The hotel is conveniently located approximately 22 kms from Rajiv Gandhi International Airport, Hyderabad (around 32 minutes by road) and about 16 kms from Shamshabad Railway Station (approximately 30 minutes), ensuring seamless connectivity for domestic and interstate travellers.
The upcoming Lemon Tree Hotel, Najibabad will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
The hotel will feature 100 well-appointed rooms, a restaurant, banquet hall, conference room and recreational amenities including a fitness centre, swimming pool and spa.