Lemon Tree Hotel, Bhubaneswar, Odisha will feature 60 well-appointed rooms, a restaurant, meeting rooms, a banquet hall, a swimming pool, a fitness center, and other public areas and expected to be operational by Q4 of FY 2025.

Lemon Tree Mountain Resort, Kasauli, Himachal Pradesh will feature 50 well appointed rooms & cottages, banquet halls, recreation room, two restaurants, a swimming pool, a spa, fitness center, a library and other public area and is expected to be operational by Q3 of FY 2026.

Commenting on the development, Vikramjit Singh, president – Lemon Tree Hotels, said, “We are pleased to partner with Birendra Hotels & Banquets for our signing in Bhubaneswar and with Atithivan Hospitality for our signing in Kasauli. The two additions under two diverse models aligns with our asset-light policy. These would expand our offerings in different parts of the country to cater to a variety oftravellers in different destinations.”

Lemon Tree Hotels is engaged to carry out business of developing, owning, acquiring, renovating, operating, managing and promoting hotels, motels, resorts, restaurants, etc. under the brand name of Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima and Keys Lite. Also, some of the Group companies provide project management services and learning & development services.

The company reported 69.4% jump in consolidated net profit to Rs 23.46 crore on 15.7% rise in revenue from operations to Rs 222.26 crore in Q1 FY24 over Q1 FY23.

The scrip hit all time high at Rs 108.50 in intraday today.