Lemon Tree Hotels Signs New Property in Bhubaneswar, Deepening Presence in Odisha

Lemon Tree Hotels Signs New Property in Bhubaneswar, Deepening Presence in Odisha​

Lemon Tree Hotels Limited, a major player in India's hospitality sector, has announced the signing of a new property, the Lemon Tree Hotel, in Satya Nagar, Bhubaneswar, Odisha. This development marks the third location for the group in Bhubaneswar, underscoring its strong commitment to the city's growing market potential.

The newly signed property will be managed by Carnation Hotels Private Limited, which is a wholly-owned subsidiary of Lemon Tree Hotels Limited. The hotel is designed to offer a comprehensive stay experience, featuring 50 well-appointed rooms alongside various amenities including a restaurant, banquet hall, meeting room, swimming pool, spa, and fitness center.

This latest signing comes shortly after the launch of the company's second operational hotel in Bhubaneswar. Lemon Tree Hotels noted that Bhubaneswar is rapidly emerging as a high-potential hospitality market, driven by sustained growth across administration, healthcare, education, infrastructure, and business sectors.

"Bhubaneswar is rapidly emerging as a high-potential hospitality market, driven by expanding infrastructure and year-round travel demand," stated Mr. Vishvapreet Cheema, President, Lemon Tree Hotels Ltd. "The signing of this hotel, immediately following the opening of our second operational property in the city, underscores our confidence in Bhubaneswar's long-term growth potential. It also aligns with our continued focus on expanding across high-opportunity urban markets."

The hotel's strategic location provides excellent connectivity for travelers. It is situated approximately 5.4 km from Biju Patnaik International Airport and about 3.2 km from Bhubaneswar Railway Station.

Operational Scale and Portfolio​

Lemon Tree Hotels Limited operates across a diverse portfolio of brands, catering to a wide spectrum of travelers from value-conscious guests to premium business and leisure seekers. The group manages seven distinct brands: Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite.

The company's vast presence across India and abroad supports its expansion strategy:


With the addition of the Bhubaneswar property, Lemon Tree Hotels continues to deepen its portfolio across strategically important urban centers and emerging travel markets.

LEMONTREE Stock Price Movement​

On Friday, Lemon Tree Hotels Limited shed ₹1.48, sinking 1.32% and settling at ₹111.23. The stock saw active trading, processing a total volume of 2.06 million shares.