Lemon Tree Hotels Ltd

The upcoming property is set to open in FY 2027 and will be managed by Carnations Hotels, a subsidiary of Lemon Tree Hotels. Lemon Tree Resort, Mori Bera, Rajasthan, will feature 17 well-appointed rooms, a restaurant, a bar, a swimming pool, a spa, Jacuzzis, and other public areas. The Udaipur Airport, the nearest airport, is approximately 150 km from the property. Mori Bera railway station is about 2.7 km away from the property. The resort is also well-connected by road, offering easy access to both public and private transport. Vilas Pawar, CEO of Managed & Franchise Business, Lemon Tree Hotels, commented, 'We are excited to strengthen our footprint in Rajasthan, complementing our portfolio of 10 operational and seven upcoming hotels. Moreover, this signing further expands our wildlife portfolio'a segment that has been growing exponentially over the years.' 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's consolidated net profit jumped 76.5% to Rs 62.49 crore on 22.4% increase in net sales to Rs 355.18 crore in Q3 FY25 over Q3 FY24. Shares of Lemon Tree Hotels rose 0.56% to Rs 143.10 on the BSE. Powered by Capital Market - Live

The upcoming property is set to open in FY 2029 and will be managed by Carnations Hotels, a subsidiary of Lemon Tree Hotels. Keys Select by Lemon Tree Hotels, Siliguri will feature 63 well-appointed rooms, a restaurant, a banquet, recreation facilities and other public areas. Siliguri Railway Station is about 3 kms away from the property. The hotel is also well connected by road, offering easy access to both public and private transport. Vilas Pawar, CEO, managed & franchise business, Lemon Tree Hotels commented, 'We are excited to strengthen our footprint in West Bengal, complementing our portfolio of two operational hotels and three upcoming hotels. This expansion reflects our commitment to delivering unparalleled hospitality and enriching the region's travel and business landscape.' 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's consolidated net profit jumped 76.5% to Rs 62.49 crore on 22.4% increase in net sales to Rs 355.18 crore in Q3 FY25 over Q3 FY24. The scrip rallied 3.55% to end at Rs 138.65 on Wednesday, 8 April 2025.Powered by Capital Market - Live

The properties shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, and will start operations in FY26. Lemon Tree Hotels, Darjeeling will feature 65 well-appointed rooms, a restaurant, a meeting room, recreation facilities, and other public areas. Bagdogra Airport, the nearest airport, is approximately 70 kms from the property. Darjeeling Railway Station is about 2.5 km away from the property. The hotel is also well-connected by road, offering easy access to both public and private transport. Vilas Pawar, CEO of Managed & Franchise Business, Lemon Tree Hotels, commented, 'We are excited to extend our footprint in West Bengal. This new property will enhance our strategic growth in the state, complementing our portfolio of two existing hotels and two upcoming properties.' Lemon Tree Hotels' principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc., under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on a 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

The hotel will be managed by Carnation Hotels, a wholly-owned subsidiary of the company and is expected to commence operations in FY29. The upcoming Lemon Tree Hotel, Vrindavan, will feature 120 well-appointed rooms, along with a range of amenities, including a restaurant, a lounge, a banquet hall, a meeting room, a swimming pool, a gym, a spa, and other public areas. Strategically located, the property is approximately 148 km from Indira Gandhi International Airport, New Delhi, and about 105 km from the upcoming Jewar International Airport. The Mathura Railway Station is around 16 km from the hotel, and it is well-connected by road, ensuring easy access to both public and private transport. Vilas Pawar, CEO of Managed & Franchise Business, Lemon Tree Hotels, commented, 'We are thrilled to expand our presence in Uttar Pradesh, complementing our portfolio of seven existing hotels and 10 upcoming properties.' Lemon Tree Hotels' principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc., under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on a 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24. The scrip fell 4.77% to end at Rs 136.90 on Friday, 4 April 2025. Powered by Capital Market - Live

The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of the company, and is expected to start its operations in FY 2027. Lemon Tree Resort, Jaipur, Rajasthan, will feature 66 well-appointed rooms and a restaurant, a banquet, a meeting room, a swimming pool, a fitness center, and other public areas. Vilas Pawar, CEO of the managed & franchise business Lemon Tree Hotels, said, 'We are thrilled to expand our presence in Rajasthan, complementing our portfolio of 10 existing hotels and six upcoming properties.' Lemon Tree Hotels' principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc., under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on a 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

This new hotel features 117 rooms, a multi-cuisine caf', a fitness center, a swimming pool, and extensive banquet and conference facilities, managed by Carnation Hotels, a subsidiary of Lemon Tree Hotels. Lemon Tree Hotels' principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc., under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on a 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

With the opening of Keys Prima by Lemon Tree Hotels in Kota, the group has marked its 10th property in the state. The new property offers 58 well-appointed rooms, a multi-cuisine coffee shop, a spa, a swimming pool, a fitness centre, and the Unlock Bar. It also features spacious banquet halls and conference facilities, catering to both leisure and business travellers. In addition to this opening, Lemon Tree Hotels has announced the signing of two new properties'Keys Select by Lemon Tree Hotels, Vrindavan, Uttar Pradesh, and Keys Select by Lemon Tree Hotels, Navsari, Gujarat. The Vrindavan property is set to open in FY26, while the Navsari property is expected to launch by FY28. Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels, will manage both hotels. The Vrindavan property will feature 54 rooms, a restaurant, a banquet hall, a meeting room, a swimming pool, a spa, and a fitness centre. It is conveniently located near Indira Gandhi International Airport (148 km), the upcoming Jewar International Airport (105 km), and Mathura Railway Station (16 km). Similarly, the Navsari property will also offer 54 rooms, a restaurant, banquet space, and other facilities. It is located approximately 45 km from Surat International Airport and 6.4 km from Navsari Railway Station, ensuring good connectivity by both road and rail. Speaking on the occasion, Vilas Pawar, CEO of Managed & Franchise Business, Lemon Tree Hotels, commented, 'We are thrilled to announce our latest signings, which will further expand our presence in Gujarat and Uttar Pradesh. These signings are a testament to our commitment to providing exceptional hospitality and unforgettable experiences in India's most vibrant destinations.' Lemon Tree Hotels' principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc., under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on a 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

The property shall be managed by Carnation Hotels, a wholly owned subsidiary of the company, and is expected to start its operations in FY27. Lemon Tree Hotels, Bokaro, Jharkhand, will feature 50 well-appointed rooms, a restaurant, banquets, meeting rooms, a rooftop bar, a fitness center, a swimming pool, and other public areas. Vilas Pawar, CEO'managed & franchise business, Lemon Tree Hotels, said, 'We are thrilled to expand our presence in Jharkhand, complementing our portfolio of one existing hotel and three upcoming properties.' Lemon Tree Hotels' principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc., under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on a 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24. Shares of Lemon Tree Hotels rose 0.66% to Rs 129.50 on the BSE. Powered by Capital Market - Live

The hotels, located in Niman and Garoth, are strategically positioned along the upcoming Delhi-Mumbai Expressway and are expected to open in the fiscal year 2026. Both properties will feature 42 well-appointed rooms, a restaurant, a banquet, a meeting room, and other public areas. Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, will manage the operations. Madhya Pradesh is a state with diverse attractions, appealing to history, nature, and rural culture enthusiasts. The Nimar region, including Niman, is culturally rich with a strong folk literature tradition. Garoth, located near Gandhi Sagar Lake, borders Rajasthan and is part of the Ujjain Division. Vilas Pawar, CEO - managed & franchise business, Lemon Tree Hotels commented, We are thrilled to expand our presence in Madhya Pradesh, often referred to as the 'Heart of India'. The opening of these two new properties will enhance our strategic growth in the state, complementing our portfolio of four existing hotels and four upcoming properties. Lemon Tree Hotels is a major Indian hotel chain operating across various market segments with seven brands. Launched in 2004, it now has over 200+ hotels, including operational and upcoming locations in India and internationally (Dubai, Bhutan, Nepal), covering major metro areas and tier I, II, and III cities. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of the company and is expected to start its operations in FY 2028. Lemon Tree Resort, Shirdi, Maharashtra, will feature 50 well-appointed rooms and a restaurant, a banquet hall, a meeting room, a swimming pool, a spa and other public areas. Vilas Pawar, CEO'managed & franchise business, Lemon Tree Hotels, said, 'We are delighted to expand our portfolio in Maharashtra, one of India's largest commercial and industrial hubs. By expanding in the state, we are not only tapping into a thriving economic hub but also embracing a place that beautifully balances modernity with tradition. This new addition will complement our 12 existing hotels and six upcoming properties in Maharashtra.' Lemon Tree Hotels its principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc. under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite. The company's consolidated net profit surged 76.53% to Rs 62.49 crore on 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24. Shares of Lemon Tree Hotels shed 0.04% to Rs 126.45 on the BSE.Powered by Capital Market - Live