Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated May 14, 2026, titled "Opening of Lemon Tree Hotel, Bhubaneswar".
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Lemon Tree Hotels has announced the opening of its second hotel in Bhubaneswar, Odisha. The property features 65 well-appointed rooms (updated from 60 rooms previously disclosed in August 2023) and opened in two phases, with 50 rooms operational now along with Citrus Café restaurant, Pool Bar & Grill, banquet hall, swimming pool, and fitness center. The remaining 15 rooms will open in a second phase. The hotel is strategically located in Bharatpur, a developing commercial corridor, targeting business, leisure, medical, and spiritual travellers. It is approximately 8 km from Biju Patnaik International Airport and 11 km from Bhubaneswar Railway Station, with proximity to SUM Hospital and cultural landmarks.
This is a routine expansion announcement indicating continued execution of the company's growth strategy. The new 65-room property adds modestly to Lemon Tree's portfolio of 130+ operational hotels and may contribute to future revenues, though the near-term financial impact is limited.