Lemon Tree Hotels Shares in Focus on Signing New Property in Siliguri, West Bengal

Lemon Tree Hotels Limited has announced the signing of a new property under its brand ‘Keys Select by Lemon Tree Hotels’ in Siliguri, West Bengal. The hotel is scheduled to open in the financial year 2029 and will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of the group.

Details of The Hotel 

The upcoming hotel will feature 63 tastefully designed rooms along with a restaurant, banquet space, recreation amenities, and public areas. Strategically located, the property offers convenient access to Bagdogra Airport (18 km away) and Siliguri Railway Station (3 km away), ensuring ease of travel for both business and leisure guests. With its position near major transport routes, the hotel aims to attract tourists and professionals alike.

Strategic Presence in the Gateway to the Northeast

Siliguri, often referred to as the “Gateway to the Northeast,” holds considerable economic and geographical significance. Nestled at the base of the Himalayas, the city thrives as a centre for tea, timber, and tourism. 

The addition of a Lemon Tree property in this bustling city strengthens the brand’s regional footprint, joining its two operational hotels and three upcoming developments in West Bengal.

The location’s proximity to popular hill stations such as Darjeeling, Kalimpong, and Gangtok, coupled with wildlife attractions like the Mahananda Wildlife Sanctuary, further enhances its appeal. This new signing aligns with Lemon Tree Hotels’ vision of delivering high-quality hospitality across key markets in India.

Lemon Tree Share Performance 

As of April 08, 2025, at 9:30 AM, Lemon Tree share price is trading at ₹137.70 per share, reflecting a decline of 0.68% from the previous day’s closing price. 

Conclusion

The planned launch of Keys Select by Lemon Tree Hotels in Siliguri reflects the company’s commitment to strategic growth and superior guest experiences. With a robust pipeline of projects across metro and regional locations, Lemon Tree continues to cement its position as one of India’s leading hotel chains.

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.