Stock Report

Lemon Tree Hotels announces the signing of its new property in Madhya Pradesh

Posted On : 2026-01-21 21:20:15( TIMEZONE : IST )

Lemon Tree Hotels Limited, India's fastest-growing midscale and premium hotel chain, today announced the signing of its latest property - Lemon Tree Premier, Omkareshwar, Madhya Pradesh.

The property shall be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. This signing will further strengthen the company's presence in Madhya Pradesh, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience.

Property Highlights

Lemon Tree Premier, Omkareshwar, Madhya Pradesh is located at the sacred town situated on an island in the Narmada River in Madhya Pradesh, home to one of the 12 Jyotirlingas of Lord Shiva. Known for its spiritual energy, ancient temples, and serene river ghats, it is a major pilgrimage destination that attracts devotees seeking divine blessings and inner peace.

The key features of the hotel will include:

- 85 well-appointed rooms
- A restaurant
- A banquet hall and a meeting room
- Recreational facilities including a fitness center, a swimming pool and a spa

The Devi Ahilya Bai Holkar International Airport is at a distance of 85 kms from the property while the Indore Junction is about 81 kms from the property. The hotel is well connected by both public and private transport.

Speaking on the occasion, Mr. Vilas Pawar, CEO - Managed & Franchise Business, Lemon Tree Hotels, commented, "With this signing, we are pleased to extend our business and leisure portfolio in Madhya Pradesh. Omkareshwar is an ideal destination for pilgrims and travellers seeking divine blessings, spiritual reflection, and a deep connection with India's ancient heritage. The state has four operational and 10 upcoming hotels."

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 131.25 as compared to the previous close of Rs. 134.30. The total number of shares traded during the day was 509703 in over 6732 trades.

The stock hit an intraday high of Rs. 134.35 and intraday low of 127.50. The net turnover during the day was Rs. 66581135.00.