Lemon Tree Hotels Share Price Surges; Signs New Property in Khurpatal, Uttarakhand

Lemon Tree Hotels Limited has signed a new hotel property in Uttarakhand under its Keys Select brand. The property, to be named Keys Select by Lemon Tree Hotels, will be located in Khurpatal, a hill settlement near Nainital, Uttarakhand. The company informed the stock exchanges about the signing through a regulatory filing. 

Management Arrangement 

The hotel will be operated under a management agreement by Carnation Hotels Private Limited. Carnation Hotels is a wholly owned subsidiary of Lemon Tree Hotels and manages several properties across the group’s portfolio. The structure follows the company’s existing managed hotel model. 

Location Details 

Khurpatal is situated at an altitude of about 1,635 metres and lies close to Nainital in Uttarakhand. The area is known for its lake and forested surroundings and is located away from the more congested tourist areas of Nainital. The destination generally receives leisure and religious visitors throughout the year. 

Property Configuration 

Keys Select by Lemon Tree Hotels, Khurpatal will have a total of 120 rooms. Planned facilities include a restaurant, a banquet hall and a meeting room.  

The hotel will also feature recreational amenities such as a swimming pool, a spa and a fitness centre. The layout suggests the property will cater to individual travellers, families and small group events. 

Accessibility and Connectivity 

Pantnagar Airport is approximately 70 kilometres from the hotel site, while Kathgodam Railway Station is around 36 kilometres away.  

The property can be accessed through public and private transport, providing road connectivity to nearby towns and tourist locations in the Kumaon region. 

Portfolio Presence in Uttarakhand 

Following this signing, Lemon Tree Hotels has 9 operational hotels and 10 upcoming properties in Uttarakhand. The Khurpatal project adds to the company’s managed and franchise inventory in the state and increases its presence in hill destinations. 

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Lemon Tree Hotels Share Price Performance  

As of January 20, 2026, 10:37 am, Lemon Tree Hotels share price was trading at ₹137.35, a 1.27% increase from the previous closing price. 

Conclusion 

The signing of the Keys Select property in Khurpatal adds another managed hotel to Lemon Tree Hotels’ Uttarakhand portfolio. The project increases the company’s presence in hill destinations while following its existing management and operating structure. 

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