StockWatch
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Hotels & Resorts
Business Update4 Sept 2026, 06:40 pm

Lemon Tree Hotels Signs Two New Properties in Bodhgaya

AI Summary

Lemon Tree Hotels has signed two new license agreements for properties in Bodhgaya, Bihar: Lemon Tree Hotel, Bodhgaya (75 rooms) and Keys Select by Lemon Tree Hotels, Bodhgaya (70 rooms). These properties will be managed by Carnation Hotels Private Limited, a subsidiary. This expansion adds a total of 145 rooms to the company's portfolio in Bihar, a region identified for its strong tourism and business potential. The new hotels aim to cater to diverse traveler segments in this significant spiritual and pilgrimage destination.

Key Highlights

  • Signed license agreements for two new hotels in Bodhgaya.
  • Adds a combined inventory of 145 rooms to the Bihar portfolio.
  • Properties to be managed by wholly-owned subsidiary Carnation Hotels.
  • Expansion targets a key spiritual and pilgrimage destination.