LEMONTREE NSE filing

Lemon Tree Hotels Signs Two New Properties in Bodhgaya, Adding 145 Rooms

The RealCase readMedium impact Positive

Lemon Tree Hotels Limited signed two new license agreements in Bodhgaya, Bihar, adding 145 rooms. Lemon Tree Hotel, Bodhgaya will have 75 rooms, and Keys Select by Lemon Tree Hotels, Bodhgaya will have 70 rooms. Both will be managed by a subsidiary. The company also confirmed the de-flagging of a Gurugram property.

Why it matters

The addition of 145 rooms across two properties in a key destination like Bodhgaya has a moderate impact on the company's growth and market presence.

The market read

The company is expanding its portfolio by signing new agreements, which is a positive development for growth.

Lemon Tree Hotels Limited has announced the signing of two new license agreements for properties in Bodhgaya, Bihar: Lemon Tree Hotel, Bodhgaya and Keys Select by Lemon Tree Hotels, Bodhgaya. Both properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

Lemon Tree Hotel, Bodhgaya will feature 75 rooms, a restaurant, banquet hall, meeting/conference facilities, a swimming pool, and a fitness center. Keys Select by Lemon Tree Hotels, Bodhgaya will comprise 70 rooms, also with a restaurant, banquet hall, meeting/conference facilities, a swimming pool, and a fitness center. These signings add a combined inventory of 145 rooms and strengthen the group's presence in Bihar.

The company also noted the de-flagging of Lemon Tree Premier, Leisure Valley 2, Gurugram, effective September 3, 2026, following an earlier disclosure regarding the termination of the Lease Deed by Fleur Hotels Limited. This property will no longer be part of the Lemon Tree brand portfolio.

Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., expressed delight in expanding their presence in Bihar, a destination of spiritual significance with a growing visitor base. He stated that the new properties will cater to diverse traveler needs and bring the strength and consistency of their brands to Bodhgaya. This expansion aligns with the group's strategy of identifying destinations with strong tourism and business potential and establishing a diversified portfolio.

Filing to action

What to do with a filing like this

Lemon Tree Hotels Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Lemon Tree Hotels Limited. Read the original for the full detail.

View original filing