Lemon Tree Hotels signs a new property in Bhuj, Gujarat

Lemon Tree Hotels announced its latest signing - Lemon Tree Hotel, Bhuj, Gujarat. The property, which shall be managed by Carnations Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, is expected to open in FY 2026.

Bhuj, a historic city in Gujarat, is known for its rich cultural heritage and craftsmanship. It is the administrative capital of the Kutch district, featuring landmarks like the Aina Mahal and nearby Bhujodi village, famous for handwoven textiles. Bhuj also serves as a gateway to the Rann of Kutch, where the Rann Utsav festival celebrates local traditions, arts, and crafts. The city's blend of history, art, and natural beauty makes it a vibrant destination.

Lemon Tree Hotel, Bhuj, Gujarat will feature 74 well-appointed rooms, a restaurant, meeting rooms, a banquet, a swimming pool, a fitness center and other public areas. The Bhuj Airport is about 9 kms away while the Bhuj Railway Station is about 4 kms away from the property. The hotel is also well connected by roadways for both public and private transport.

Speaking on the occasion, Mr. Vilas Pawar, CEO- Managed & Franchise Business, Lemon Tree Hotels commented, "We are delighted to strengthen our portfolio in Gujarat, a state known for its arts, crafts as well as enterprising spirit of its residents. By expanding our footprint across different states and cities, we aim to make Lemon Tree Hotels the most preferred brand across different segments. This opening will be in addition to our seven existing and 12 upcoming hotels in the state."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 147.85 as compared to the previous close of Rs. 146.60. The total number of shares traded during the day was 269753 in over 3109 trades.

The stock hit an intraday high of Rs. 150.65 and intraday low of 142.85. The net turnover during the day was Rs. 39571658.00.

Source : Equity Bulls

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LemonTreeHotels INE970X01018 NewProperty Bhuj Gujarat