Lemon Tree Hotels Limited has announced the signing of two new properties: Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh. These signings are part of the company’s strategy to expand its domestic and international footprint. Both properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary. The new hotels are expected to enhance the group’s presence in key markets and cater to a diverse range of travellers.
Lemon Tree Hotels Expands Presence with New Signings
Lemon Tree Hotels Limited, a prominent Indian hospitality company, has announced the signing of two new agreements, marking a significant step in its growth strategy. The company will introduce Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh. These new ventures are set to bolster the group’s international presence in Nepal and deepen its footprint in a key Indian state.
Property Details and Management
Both upcoming properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. The Lemon Tree Hotel, Siddharthanagar will offer 120 well-appointed rooms, a restaurant, a banquet hall, and meeting/conference facilities. Recreational amenities will include a bar lounge, swimming pool, spa, and fitness centre. Strategically located in Siddhartha Nagar, Rupandehi, the hotel benefits from its proximity to Lumbini and the India-Nepal border.
The Keys Select by Lemon Tree Hotels, Vijayawada will feature 70 well-appointed rooms, a restaurant, banquet hall, meeting/conference room, spa, and fitness centre. This signing strengthens Lemon Tree Hotels’ presence in Andhra Pradesh, bringing the group’s portfolio in the state to eleven properties. Vijayawada Airport is approximately 19 km away, and Vijayawada Railway Station is just 1.5 km from the hotel, offering convenient access.
Strategic Growth and Market Positioning
Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., commented, “Our growth strategy is centred on building scale in markets where we see sustained opportunity. Andhra Pradesh and Nepal are both important for us, and these two signings further advance our plans in each.” He added that the addition of Keys Select in Vijayawada takes their portfolio in the city to five properties, reflecting confidence in its commercial importance. The new Nepal hotel enhances their growing presence in the country. The company aims to build a strong, well-diversified portfolio across markets with compelling long-term prospects.
About Lemon Tree Hotels Limited
Lemon Tree Hotels Limited (LTHL) is a leading hospitality company in India, catering to a wide range of customers. The group operates under seven distinct brands, offering experiences across various segments from value-conscious travellers to premium business and leisure seekers. LTHL operates over 130+ hotels across 80+ cities in India and abroad, with a pipeline of 140+ upcoming properties. Since opening its first hotel in 2004, the group has grown to over 270+ properties (operational and upcoming).
Source: BSE
