Lemon Tree Hotels Announces Opening of New Property in Sri Ganganagar, Expanding Reach in Rajasthan

Lemon Tree Hotels Announces Opening of New Property in Sri Ganganagar, Expanding Reach in Rajasthan​

Lemon Tree Hotels Limited, one of India's leading hospitality companies, has announced the opening of the Lemon Tree Hotel in Sri Ganganagar, marking a strategic entry into the market and adding to its established network across the region.

The new property is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. The hotel features 68 well-appointed rooms and suites, which is an expansion from the 60 rooms previously disclosed. Guests can enjoy the on-site facilities, which include Citrus Café, an all day multi cuisine restaurant, Slounge, a terrace bar, a spa, a swimming pool, and meeting rooms catering to corporate events and social celebrations.

This launch represents the company's 13th operational hotel in Rajasthan. The hospitality chain currently operates 23 hotels across the state. Furthermore, Lemon Tree Hotels Limited has confirmed that an additional ten hotels are already in the pipeline for development within Rajasthan.

Mr. Vishvapreet Singh Cheema, President of Lemon Tree Hotels Ltd., commented on the opening, noting that Sri Ganganagar is a prosperous commercial and agricultural hub in Rajasthan. He stated that the hotel introduces the group's signature comfort and hospitality to a high potential market that has traditionally been underserved by organized hospitality. This development reflects the company's commitment to expanding into high potential Tier II and Tier III markets across the state.

Corporate Footprint and Growth Trajectory​

Lemon Tree Hotels Limited (LTHL) operates as one of India’s premier hospitality companies, offering experiences across various segments including upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and spiritual categories through seven distinct brands.

The group maintains a significant presence globally. LTHL currently operates over 130 hotels in more than 80 cities both within India and internationally, including Dubai, Bhutan, and Nepal.

Since inaugurating its first 49 room hotel in 2004, Lemon Tree Hotels Limited has significantly grown its portfolio to include over 250 properties that are either operational or upcoming, cementing its reputation in the hospitality sector for both leisure and business travelers.

TROM Stock Price Movement​

Shares of Trom Industries Limited on Wednesday slipped by 4.98% to settle at ₹54.40, following a sharp decline from the previous close. The stock traded with a volume of 6,000 shares and registered its daily low at ₹54.4.