Lemon Tree Hotels Ltd Share Price – NSE /  BSE

Hotels & Restaurants, Small Cap

The property, to be branded as Lemon Tree Hotel, Janakpur, will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.

With this addition, the hospitality chain's international portfolio has expanded to 11 properties, including six operational hotels and five upcoming projects across Nepal, Bhutan and Dubai.

In Nepal, the group's footprint has increased to eight properties, comprising three operational hotels and five in the pipeline, including the newly signed Janakpur property. The company also operates two hotels in Bhutan and one in Dubai.

Janakpur, officially known as Janakpurdham, is one of South Asia's most significant religious destinations. Revered as the birthplace of Goddess Sita and the site of her marriage to Lord Ram, the city attracts millions of pilgrims and heritage tourists annually, particularly during festivals such as Vivah Panchami and Ram Navami.

The upcoming hotel will feature 85 rooms along with a restaurant, banquet hall, meeting and conference facilities, bar lounge, swimming pool, spa and fitness centre.

The signing aligns with Lemon Tree Hotels' strategy of expanding its managed hotel portfolio in key domestic and international leisure, pilgrimage and business destinations.

The hotel is located at Dhanusha District, Janakpurdham Sub-Metropolitan City, Nepal, placing it in close proximity to the city?s principal pilgrimage sites, including the iconic Janaki Temple, Ram Mandir, Vivah Mandap and the sacred Dhanush Sagar and Ganga Sagar ponds. The property will offer guests a comfortable and wellconnected base from which to explore the full spiritual and cultural landscape of Mithila. This signing reinforces Lemon Tree Hotels? international expansion strategy and its commitment to identifying markets where branded hospitality can make a meaningful difference - building a sustainable presence across South Asia?s most culturally and spiritually significant destinations.

Vishvapreet Singh Cheema, President, Lemon Tree Hotels, said: Janakpur is one of South Asia?s most revered destinations as it holds immense spiritual significance across the subcontinent, and its growing connectivity is driving a major surge in heritage travel. Signing Lemon Tree Hotel, Janakpur aligns strongly with our strategy of building quality hospitality infrastructure in culturally significant, high-potential markets. This addition expands our portfolio in Nepal to eight properties, allowing us to deliver our signature refreshing hospitality and further solidifying our position as a trusted brand in the region.

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 an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026.

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With the latest additions, the company will have 32 properties in the state, comprising 15 operational hotels and 17 properties under development, including the two newly signed resorts.

Both properties will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.

The company said the twin signings reflect its focus on high-growth micro-markets that are emerging as preferred drive-to destinations for leisure and corporate travellers from Mumbai, Navi Mumbai, Thane and Pune.

Lemon Tree Resort, Tadgaon will feature 110 rooms along with a restaurant, banquet hall, meeting and conference facilities, swimming pool, spa and fitness centre. The property is located around 75 km from Navi Mumbai International Airport and 100 km from Mumbai Central railway station.

Meanwhile, Lemon Tree Resort, Igatpuri will offer 90 rooms and amenities including a restaurant, banquet hall, meeting and conference facilities, swimming pool, spa and fitness centre. The resort is situated about 134 km from Mumbai International Airport and 5.6 km from Igatpuri railway station.

The expansion comes as hospitality companies continue to strengthen their footprint in emerging leisure markets, driven by growing demand for short-haul tourism and corporate offsite travel.

Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd, Our expansion strategy with resorts in Tadgaon and Igatpuri in Maharashtra is deeply aligned with the evolving dynamics of the drive-to hospitality sector. Urban travellers and corporate houses are increasingly prioritizing accessible, high-amenity destinations that don't require complex logistics. By introducing the Lemon Tree Resort brand to these two distinct, premium micro-markets, we are uniquely positioned to capture a highly lucrative mix of weekend leisure, multi-generational travel, and mid-to-high-level corporate retreats.

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 an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026.

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The property, Lemon Tree Hotel, Sri Ganganagar, is managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. With this launch, the company?s portfolio in Rajasthan has expanded to 23 hotels.

Located in the northernmost part of Rajasthan, Sri Ganganagar is known for its agricultural prosperity and serves as an important commercial hub. The city also attracts visitors to nearby cultural and religious destinations, including Balaji Dham, Gauri Shankar Temple, Budha Johad Gurudwara, and the Hindu Malkot border.

The hotel features 68 rooms and suites and offers amenities such as an all-day dining restaurant, a terrace bar, banquet and meeting facilities, a spa, a swimming pool, and a fitness centre.

The property is situated about 8 km from Sri Ganganagar Junction railway station and approximately 122 km from Bathinda Airport.

The latest addition is in line with Lemon Tree Hotels' strategy of expanding its presence across key business and leisure destinations in India.

Commenting on the new opening, Vishvapreet Singh Cheema, President, Lemon Tree Hotels, said, ?Sri Ganganagar is one of Rajasthan's most prosperous commercial and agricultural hubs, drawing a consistent influx of business and traderelated travel. With the launch of Lemon Tree Hotel, Sri Ganganagar, we are introducing our signature comfort, quality, and warm hospitality to a high-potential market that has historically been underserved by organized hospitality. This opening marks our 13th operational hotel in Rajasthan, with 10 additional hotels in the pipeline across the state, reflecting our commitment to expanding across high-potential Tier-II and Tier-III markets.?

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 an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026.

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The upcoming hotel will feature 88 well-appointed rooms, a restaurant, banquet and conference facilities, a fitness centre, and modern public spaces catering to both business and leisure travellers.

With this signing, the company?s portfolio in Rajasthan has expanded to 23 properties, comprising 13 operational hotels and 10 upcoming projects, marking another milestone in its regional growth strategy.

Neelendra Singh, managing director, Lemon Tree Hotels, said: ?Scaling our footprint to six hotels in the Pink City reflects a deliberate strategy of building strong regional clusters in high-potential markets and reinforces our growing network across Rajasthan. The introduction of Keys Prima in Jaipur broadens our brand portfolio in the city with a distinct, upper-midscale lifestyle offering. Designed for India?s evolving class of experience-conscious yet value-driven travellers, it brings together contemporary rooms and vibrant interiors with thoughtful service and curated social spaces. This multi-brand presence allows us to cater to the full spectrum within Jaipur?s diverse travel ecosystem.?

Meanwhile, the company?s board approved the appointment of Kartikeya Kumar Singh as chief digital and transformation officer with effect from 8 June 2026.

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 an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026.

The counter declined 2.55% to settle at Rs 107.05 on the BSE.

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