Lemon Tree Hotels Limited — Important, 21-02-2025: General Updates

Lemon Tree Hotels has signed a License Agreement for the Lemon Tree Resort in Chittorgarh, Rajasthan, which will be managed by its wholly-owned subsidiary, Carnation Hotels Private Limited. This property, expected to commence operations in FY 2026, will host 98 rooms and various amenities, including a restaurant, banquet facilities, meeting spaces, a spa, fitness center, and a swimming pool.

Chittorgarh, known for its cultural heritage and historic significance, is home to the UNESCO World Heritage site, Chittorgarh Fort. This new addition reinforces Lemon Tree’s commitment to expanding its footprint in Rajasthan, complementing its nine operational and six upcoming hotels in the region. The strategic location, with proximity to major transport links, offers significant growth potential, presenting an opportunity for investors to watch closely as the company enhances its portfolio in this vibrant market.