Lemon Tree Hotels Share Price Surges Over 3% On Opening New Hotel in Sri Ganganagar, Rajasthan

Written by: Team Angel OneUpdated on: 18 Jun 2026, 8:33 pm IST
The newly opened property features 68 rooms and marks the hospitality chain's 13th operational hotel in Rajasthan.
Lemon Tree Hotels Share Price Surges
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Lemon Tree Hotels Limited has announced the opening of Lemon Tree Hotel, Sri Ganganagar. The hotel is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels.  

Lemon Tree Expands Rajasthan Presence 

The launch marks Lemon Tree Hotels' entry into Sri Ganganagar and increases its operational portfolio in Rajasthan. 

With this addition, the company now has 13 operational hotels in the state, while another 10 properties remain under development.  

New Property Features 68 Rooms 

The hotel offers 68 rooms and suites, an increase from the 60 rooms disclosed earlier by the company. 

The property is equipped with a multi-cuisine restaurant, terrace bar, banquet facilities, meeting spaces, spa, swimming pool, and fitness centre to cater to both business and leisure travellers.  

Strategic Location to Support Business Travel 

Sri Ganganagar is regarded as one of Rajasthan's key agricultural and commercial centres, generating consistent demand from business and trade-related travel. 

The city also serves as a gateway to several cultural and religious destinations, supporting leisure tourism in the region.  

Focus on Growth in Emerging Markets 

The opening aligns with Lemon Tree Hotels' strategy of expanding across high-growth Tier-II and Tier-III locations. 

The company continues to strengthen its hospitality network through new hotel launches and pipeline developments across India.  

Read More: IFCI Share Price Falls Over 6% on June 18 After NSE Files DRHP for IPO! 

Lemon Tree Hotels Share Price Performance 

As of 18 June 2026, at 1:42 PM, Lemon Tree Hotels share price was trading at ₹111.91 per share, reflecting a surge of 3.18% from the previous trading session. 

Conclusion 

Lemon Tree Hotels has expanded its Rajasthan portfolio with the opening of a 68-room property in Sri Ganganagar. The launch marks the company's 13th operational hotel in the state and supports its strategy of strengthening its presence in emerging hospitality markets.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

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: Jun 18, 2026, 3:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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