LEMONTREENSELemon Tree Hotels LimitedMediumPositive
Announced Thu, 30 Apr · 21:09 IST

Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated April 30, 2026, titled "Opening of Lemon Tree Premier, Biratnagar in Nepal".

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Price reaction · full curve 14 horizons · vs prior close
+2.4%1-day move
₹117.94
prior close
₹118.00
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AI summary

Lemon Tree Hotels has announced the opening of Lemon Tree Premier in Biratnagar, Nepal, marking its 3rd operational hotel in the country. The new upscale property features 80 well-appointed rooms and suites, along with multiple dining options including the brand's signature Pan-Asian restaurant Republic of Noodles, Citrus Café, Slounge bar, and a Tea Lounge. The hotel also includes a ballroom, boardroom, spa, fitness centre, and swimming pool. Strategically located just 3.5 km from Biratnagar Airport, the property aims to serve the city's growing business and tourism demand as it transforms into a modern regional gateway in Eastern Nepal.

Likely market impact

This expansion represents positive international growth for Lemon Tree Hotels, strengthening its presence in South Asia with a focus on the emerging Nepal market. The new property adds to the company's portfolio of 130+ operational hotels and should contribute modestly to future revenues, though the near-term financial impact remains limited.