
Property22 Jun 2026, 09:00 pm
Lemon Tree Hotels Signs New Property in Janakpur, Nepal
AI Summary
Lemon Tree Hotels Limited has signed a License Agreement for 'Lemon Tree Hotel, Janakpur' in Nepal. This property will be managed by its wholly-owned subsidiary, Carnation Hotels Private Limited. The hotel will feature 85 rooms, a restaurant, banquet hall, bar, swimming pool, spa, and fitness center. This signing expands Lemon Tree Hotels' Nepal portfolio to 8 properties and its overall international managed portfolio to 11 properties, comprising 6 operational and 5 upcoming. Janakpur is a significant pilgrimage and heritage destination, aligning with the company's strategy to develop hospitality in culturally important markets.
Key Highlights
- Lemon Tree Hotels signs new property in Janakpur, Nepal.
- Expands Nepal portfolio to 8 properties.
- Increases international managed portfolio to 11 properties.
- Property to be managed by subsidiary Carnation Hotels Pvt. Ltd.
- Focus on culturally significant, high-potential markets.
Price Impact
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