Lemon Tree Hotels Ltd, a prominent name in the Indian hospitality sector, has announced the signing of a new property in Simara, Nepal. This development marks the company’s seventh property in Nepal, underscoring its strategic expansion in high-growth gateway cities and transit-led markets. The new hotel will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited.
The upcoming Lemon Tree Hotel in Simara will feature 98 well-appointed rooms, designed to cater to the modern traveller’s need for comfort and connectivity. The property will also include a multi-cuisine restaurant, a lounge, and expansive banquet and conference facilities. Additionally, wellness amenities such as a swimming pool, spa, and fitness centre will be available, ensuring a balanced and comprehensive stay for guests.
Simara, located just 2 km from Simara Airport, is emerging as a vital hub in Nepal’s tourism sector, bridging the region’s industrial strength with its ecological attractions. As demand for branded and reliable hospitality grows beyond traditional circuits, Lemon Tree Hotels is positioning itself as a key player in these evolving markets.
Neelendra Singh, Managing Director & CEO of Lemon Tree Hotels Ltd, commented on the signing, stating, “We believe Nepal is 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 strategic move highlights Lemon Tree Hotels’ commitment to expanding its regional portfolio and building a strong presence in strategically located, high-growth markets.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).