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

With this addition, the company's portfolio in Nepal will increase to seven properties, including two operational hotels and five upcoming projects. The move aligns with its strategy to strengthen its presence across high-growth gateway cities and transit-driven markets.

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

The upcoming property will feature 98 rooms and is designed to cater to modern travellers seeking comfort and connectivity. It will include a multi-cuisine restaurant, a lounge, and extensive banquet and conference facilities. Wellness amenities such as a swimming pool, spa, and fitness centre are also planned.

Neelendra Singh, Managing Director & CEO, Lemon Tree Hotels, 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.'

Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests' needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels.

The company reported a marginal rise in consolidated net profit to Rs 62.67 crore in Q3 FY26, compared with Rs 62.49 crore in Q3 FY25. Revenue from operations jumped 14.3% year-on-year to Rs 406.05 crore in the quarter ended 31 December 2025.

The counter added 0.46% to end at Rs 108.20 on the BSE.