Lemon Tree Hotels has 1.93M1 shares change hands in an E block

Lemon Tree Hotels has 1.93M1 shares change hands in an E block

New Delhi, September 3, 2025 – Lemon Tree Hotels Limited (LEMONTREE) saw its shares jump nearly 2% during trading hours, reaching ₹168.53 as of 02:00 p.m. IST. This uptick can be attributed to the company's announcement of three new hotel ventures in Rajasthan, a key market for spiritual tourism.

Lemon Tree Hotels, established in 2004, is a leading hospitality group in India, serving over 1.5 million guests annually. The company operates 110+ hotels across 75+ cities and has a pipeline of over 110 upcoming properties under various brands, including Aurika, Lemon Tree Premier, and Keys Lite [1].

The latest expansion in Rajasthan includes three new properties: Lemon Tree Premier, Pushkar (96 keys, pool, spa, conference space), Lemon Tree Premier, Ajmer (78 keys, banquet, spa, pool, lounge), and Keys Lite by Lemon Tree, Ajmer (31 rooms, restaurant, fitness, meeting space). These new ventures are operated by the company's wholly-owned subsidiary, further strengthening its footprint in the region [2].

The expansion aligns with Lemon Tree's asset-light, management-plus-franchise model, which maximizes margins while growing along India's tier-II tourism corridor. The company's strong Q1FY26 performance, with net profit almost doubling to ₹38 crore and EBITDA jumping 22%, positions it well to capitalize on the revival of domestic leisure travel and robust demand in religious destinations [2].

Analysts at JM Financial have a Buy rating for Lemon Tree Hotels at ₹175, forecasting double-digit RevPAR growth and healthy EBITDA paths [2].

References:
[1] https://trendlyne.com/equity/81513/LEMONTREE/lemon-tree-hotels-ltd/
[2] https://hdfcsky.com/news/lemon-tree-hotels-shares-jump-nearly-2-percent