Lemon Tree Hotels expands its presence in Nepal with new signing in Simara

Lemon Tree Hotels Ltd, one of India's leading hospitality chains, today announced the signing of Lemon Tree Hotel, Simara, Nepal, further expanding its footprint in the country. With this addition, the company will have seven properties in Nepal (including 2 operational and 5 upcoming hotels), reflecting a focused approach to building presence across highgrowth gateway cities and transit-led markets.

The hotel will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited.

As Nepal's tourism sector matures, demand for branded, reliable hospitality is expanding beyond traditional circuits. Simara sits at the heart of this shift, serving as a vital bridge between the region's industrial strength and its ecological treasures. Located just 2 km from Simara Airport, the hotel provides a strategic entry point for travellers navigating these high-growth commercial corridors and emerging eco-tourism sites, offering the infrastructure needed for Nepal's next phase of travel evolution.

The upcoming property will feature 98 well-appointed rooms, catering to the modern traveller's need for comfort and connectivity. The hotel is designed as a comprehensive hub, offering a multi-cuisine restaurant, a lounge, and expansive banquet and conference facilities. Wellness amenities will include a swimming pool, spa, and a fitness centre, providing a balanced stay for guests.

Commenting on the signing, Mr. Neelendra Singh, Managing Director & CEO, Lemon Tree Hotels Ltd, said, "We believe Nepal is as a structurally attractive market, where demand is expanding beyond traditional destinations into a wider network of gateway and transit-led cities. Our focus has been to build depth in such markets, where we see both demand visibility and long-term growth potential. The signing in Simara is a natural extension of this approach, allowing us to strengthen our presence in the country while continuing to scale our regional portfolio."

This signing underscores Lemon Tree Hotels' ongoing focus on expanding its regional portfolio while building a strong presence in strategically located, highgrowth markets.

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 108.20 as compared to the previous close of Rs. 107.70. The total number of shares traded during the day was 136293 in over 1735 trades.

The stock hit an intraday high of Rs. 109.00 and intraday low of 103.85. The net turnover during the day was Rs. 14515533.00.

Source : Equity Bulls

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LemonTreeHotels INE970X01018 Expansion Nepal