Lemon Tree Hotels Shares Surge on Signing New Property in Darjeeling

Lemon Tree Hotels Limited has announced the signing of a new property in Darjeeling under the brand Keys Prima by Lemon Tree Hotels. The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of the company, and is scheduled to begin operations in FY 2026.

This move marks another milestone in Lemon Tree’s strategic expansion across India, particularly in the eastern region.

Expansion into the Hills: Project Details

The hotel will offer 65 well-appointed rooms, a restaurant, a meeting room, recreational facilities, and various public areas. Located approximately 2.5 kilometres from Darjeeling Railway Station and 70 kilometres from Bagdogra Airport, the property will benefit from strong connectivity by road and public transport.

This addition aligns with the brand’s portfolio growth in West Bengal, where it already operates two hotels and has two more in the pipeline. According to Mr Vilas Pawar, CEO – of Managed & Franchise Business, the Darjeeling property will further enhance Lemon Tree’s strategic presence in the state.

Darjeeling: A Destination Steeped in Charm

Known as the “Queen of the Hills,” Darjeeling offers sweeping views of the Kanchenjunga, the world’s third-highest mountain, and is home to the globally renowned Darjeeling tea estates.

The destination combines natural beauty with colonial architecture, vibrant markets, Tibetan culture, and peaceful monasteries. With its deep-rooted heritage and scenic charm, Darjeeling remains a prime location for hospitality ventures, making it an ideal setting for Lemon Tree’s newest offering.

Lemon Tree Hotels Share Performance 

As of April 08, 2025, at 9:30 AM, Lemon Tree Hotels share price is trading at ₹136.29 per share, reflecting a surge of 1.87% from the previous day’s closing price. Over the past month, the stock has registered a surge of 7.26%.

Conclusion

With the signing of the Darjeeling property, Lemon Tree Hotels continues to reinforce its position in the Indian hospitality market. The expansion not only supports the company’s growth strategy but also brings its signature service offerings to one of India’s most iconic travel destinations.

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