NSEPress Release3d ago · 29 Jul 2026, 09:46 pm
Press Release
Lemon Tree Hotels Limited · LEMONTREE
✦ AI Summary▲ PositiveExpansion
Lemon Tree Hotels Limited has signed two new properties - Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh, further expanding its presence in India and Nepal.
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Growth Catalyst8/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated July 29, 2026, titled "The Company has signed two License Agreements viz. Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada".
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July 29, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Name of Scrip: LEMONTREE BSE Scrip Code: 541233
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Ref: Press Release
Dear Sir/ Madam,
We would like to inform you that the Company has signed two License Agreements
viz. Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon
Tree Hotels, Vijayawada. Both the properties shall be managed by Carnation
Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
Lemon Tree Hotel, Siddharthanagar in Nepal will feature 120 well-appointed
rooms, a restaurant, banquet hall, meeting/conference room, along with
recreational facilities including a bar lounge, a swimming pool, spa, fitness centre.
Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh will feature
70 well-appointed rooms, restaurant, banquet hall, meeting/conference room,
spa, fitness center.
Please find attached herewith the copy of the press release in this regard.
You are requested to take the above information in your record.
Thanking You
For Lemon Tree Hotels Limited
Pawan Kumar Kumawat
Company Secretary
& Compliance Officer
M. No: A25377
Encl. as above
Lemon Tree Hotels Limited
CIN No. L74899HR1992PLC140546
Reg. Office: Lemon Tree Corporate Park, Urban Complex, Ullahawas, Sector 60, Gurugram, Haryana-122011
Corporate Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037
T +91 124 714 2310 | E hi@lemontreehotels.com
Central Reservation: +91 9911 701 701| www.lemontreehotels.com
LEMON TREE HOTELS DEEPENS ITS DOMESTIC FOOTPRINT
WHILE STRENGTHENING ITS INTERNATIONAL PRESENCE
WITH TWO NEW SIGNINGS
New properties in Vijayawada and Siddharthanagar further expand the group's
portfolio in India and Nepal
New Delhi, 29th July, 2026: Lemon Tree Hotels Limited, one of India's leading
hospitality companies, today announced the signing of two new properties - Lemon
Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels,
Vijayawada in Andhra Pradesh. The signings further strengthen the group's
presence across India and Nepal, adding scale to its established operations in both
markets.
Both properties will be managed by Carnation Hotels Private Limited, a wholly owned
subsidiary of Lemon Tree Hotels Limited.
In Nepal, the signing of Lemon Tree Hotel, Siddharthanagar, takes the group's
portfolio to eight properties, comprising five operational hotels and three upcoming
properties. Strategically located in Siddhartha Nagar, Rupandehi, the hotel will
further strengthen Lemon Tree Hotels' presence in the country while benefiting from
its proximity to Lumbini, one of the world's most important Buddhist pilgrimage
destinations, as well as the India–Nepal border.
Lemon Tree Hotel, Siddharthanagar will offer 120 well-appointed rooms, a
restaurant, banquet hall, meeting/conference room, along with recreational facilities
including a bar lounge, a swimming pool, spa, fitness centre and thoughtfully
designed public areas. Bhairahawa Airport is approximately 2 km from the hotel,
while the property is well connected by road to major cities across Nepal and India.
The signing of Keys Select by Lemon Tree Hotels, Vijayawada, takes the group's
presence in Andhra Pradesh to 11 properties, comprising six operational hotels and
five upcoming properties. Within Vijayawada, the group will have five properties,
including three operational hotels and two in the pipeline, further strengthening its
presence in one of the state's key commercial and administrative centres
The upcoming hotel will feature 70 well-appointed rooms, a restaurant, banquet hall,
meeting /conference room, spa and fitness centre. As a midscale brand, Keys Select
by Lemon Tree Hotels is well suited to the city's commercial activity and growing
connectivity, offering a contemporary and dependable hospitality experience.
Vijayawada Airport is approximately 19 km from the hotel, while Vijayawada Railway
Station is just 1.5 km away, providing convenient access to the city and surrounding
regions.
Commenting on the signings, Mr. Vishvapreet Singh Cheema, President, Lemon
Tree Hotels Ltd., said, “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. In Vijayawada, the
addition of Keys Select by Lemon Tree Hotels takes our portfolio to five properties,
reflecting our confidence in the city's continued commercial importance. In
Siddharthanagar, the new hotel adds to our growing presence in Nepal, with a
location that benefits from its proximity to Lumbini and the India–Nepal border.
Together, these signings reinforce our commitment to building a strong, well-
diversified portfolio across markets with compelling long-term prospects.”
With these additions, Lemon Tree Hotels continues to build a well-balanced portfolio
across India and international markets, combining deeper penetration in established
domestic markets with a growing presence in Nepal.
ABOUT LEMON TREE HOTELS LIMITED
Lemon Tree Hotels Limited (LTHL) is one of India's leading hospitality companies,
catering to a wide range of customers – from value-conscious travellers to premium
business and leisure seekers. With seven distinct brands – Aurika Hotels & Resorts,
Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys
Lite – the group offers experiences across upper upscale, upscale, upper midscale,
midscale, leisure, wildlife, and spiritual segments.
LTHL operates 130+ hotels across 80+ cities in India and abroad, with a growing
pipeline of 140+ upcoming properties. From metro hubs like Delhi-NCR, Mumbai,
Bengaluru, and Hyderabad to tier II & III cities such as Jaipur, Udaipur, Kochi, and
Indore – and with an international presence in Bhutan and Nepal – Lemon Tree Hotels
delivers exceptional comfort, consistent quality, and a warm, refreshing experience.
Since opening its first 49-room hotel in 2004, the group has grown to 270+ properties
(operational and upcoming), becoming a trusted name in hospitality for both business
and leisure travellers.
For more information, visit www.lemontreehotels.com
Media Contact:
Isha Khanna
+919716181670 | head_marketing@lemontreehotels.com