STOCKWATCH
·
Hotels & Resorts
Business Update15 May 2026, 10:31 pm

Lemon Tree Signs License Agreement for Bhubaneswar Property

AI Summary

Lemon Tree Hotels Ltd has signed a License Agreement for a new Lemon Tree Hotel in Satya Nagar, Bhubaneswar. The property, managed by Carnation Hotels Private Limited, will feature 50 rooms, a restaurant, banquet hall, meeting room, swimming pool, spa, and fitness center. This marks Lemon Tree Hotels’ third property in Bhubaneswar, reinforcing its commitment to Odisha's growing hospitality sector.

Key Highlights

  • Lemon Tree Hotels signs a License Agreement for a new hotel in Bhubaneswar.
  • The hotel will be managed by Carnation Hotels Private Limited.
  • The property will feature 50 rooms and various amenities.
  • This is Lemon Tree Hotels’ third property in Bhubaneswar.
  • The signing reflects confidence in Odisha's hospitality potential.
LEMONTREE
Hotels & Resorts
Lemon Tree Hotels Ltd

Price Impact