- Lemon Tree Hotels Limited (LEMONTREE – NSE / 541233 – BSE) signed two new license agreements for mid‑scale hotels—120‑room Lemon Tree Hotel in Siddharthanagar, Nepal, and 70‑room Keys Select hotel in Vijayawada, Andhra Pradesh—both to be managed by Carnation Hotels Private Limited.
- The Nepal property raises the company’s footprint there to 8 properties (5 operational, 3 upcoming) and is located ~2 km from Bhairahawa Airport, near the Lumbini pilgrimage site.
- The Vijayawada hotel expands the group’s presence in Andhra Pradesh to 11 properties (6 operational, 5 upcoming) and makes 5 hotels in Vijayawada, situated ~19 km from the airport and 1.5 km from the railway station.
- Together the two hotels add 190 rooms, reinforcing Lemon Tree’s strategy of geographic diversification and scale building in high‑growth markets.
- The disclosure was filed on 29 July 2026 under SEBI Regulation 30, with the release digitally signed by Company Secretary Pawan Kumar Kumawat.
Lemon Tree Hotels' new license agreements for Nepal and Vijayawada are likely to lift the share price modestly as investors view the geographic diversification and brand expansion positively. The boost should be short‑lived, with fundamentals driving a modest upside over the next few weeks.
Sign in for impact outlook, horizons, comparables, and full intelligence analysis.
Forecast from comparable, historic events. Not investment advice.
Frism is a financial information and news discovery platform. We provide factual summaries and data correlations for educational and informational purposes only. Frism does not provide investment advice, buy/sell recommendations, or directional market outlooks. Users should consult a qualified financial advisor before making any investment decisions.
Frism Computing (OPC) Private Limited
#74, 15TH CROSS, JP Nagar III Phase, Bangalore South, Bangalore 560078, Karnataka