Lemon Tree Hotels Limited has officially opened its newest property in Jamnagar, Gujarat, marking the group's ninth establishment in the state. The hotel, managed by Carnation Hotels Private Limited (a subsidiary and management arm of Lemon Tree Hotels), will be launched in two distinct phases.
As of now, 52 rooms have become operational along with a multi-cuisine Citrus Café, a fitness centre, and conference facilities. The remaining eight rooms are expected to open shortly in the second phase.
This launch reinforces Lemon Tree’s strategic focus on expanding in high-potential Indian cities. Jamnagar, situated on the coast of the Gulf of Kutch, has established itself as a major industrial destination, housing some of the world's largest oil refineries.
The dual appeal of the city: its industrial strength and cultural depth, makes it a viable location for premium hotel services. Lemon Tree’s entry is timely, offering much-needed upscale accommodation options for both corporate clients and tourists.
Jamnagar’s appeal stretches beyond its industrial prowess. With attractions such as Lakhota Fort, Khijadia Bird Sanctuary, and Pirotan Island, the city is a magnet for tourists seeking both natural and historical experiences. Religious and cultural landmarks like Bala Hanuman Temple and the traditional bandhani textile markets reflect the city’s vibrant heritage.
This multi-dimensional profile of Jamnagar positions it as a compelling market for hospitality investments. By entering this space, Lemon Tree Hotels has aligned itself with the city's long-term trajectory of growth. The property offers more than just accommodation, it presents an immersive experience for travellers who seek comfort, convenience, and local flavour.
Read More: Lemon Tree Expands Business with Launch of 4th Hotel in Anjuna, Goa.
As of May 12, 2025, at 11:28 AM, Lemon Tree Hotels' share price is trading at ₹137.71 per share, a surge of 6.13% from the previous closing price. Over the past month, the stock has declined by 3.20%.
With its strategic entry into Jamnagar, Lemon Tree Hotels not only expands its footprint in Gujarat but also strengthens its presence in cities that balance tourism and industrial relevance. The phased launch of the hotel is a calculated move, matching supply with demand while ensuring top-tier service delivery.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 12, 2025, 4:03 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
