Hotel stock jumps 3% after signing new property in JaipurHotel stock jumps 3% after signing new property in Jaipur

Introduction:

Leading hotel chain expands its footprint with a new property in Jaipur, featuring 66 rooms, a restaurant, banquet, swimming pool, and fitness center. Strategically located near Jaipur International Airport, the hotel is set to open in FY27.

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Share price movement of Lemon Tree:

On April 3, 2025, Lemon Tree Hotels Ltd opened at ₹139.55, up 0.71% from its previous close of ₹140.55. The stock reached a high of ₹145.30 (3.55%) and a low of ₹138.35. By 3:28 PM, it traded at ₹143.90, a 2.38% increase, with a market cap of ₹11,400.43 crore.

Lemon Tree Hotels Expands Presence with New Property in Jaipur:

Lemon Tree Hotels has announced the signing of a new property in Jaipur, further strengthening its presence in the hospitality sector. The hotel will be managed by Carnation Hotels, a wholly-owned subsidiary of the company, and is expected to commence operations in FY27.

The upcoming Lemon Tree Hotel in Jaipur will feature 66 well-appointed rooms, a restaurant, a banquet hall, a meeting room, a swimming pool, and a fitness center. Strategically located, it is approximately 500 meters from Jaipur International Airport and 12 kilometers from Jaipur Junction Railway Station.

Jaipur, known as the “Pink City,” is a prominent tourist and business destination, attracting visitors with its historic landmarks, vibrant markets, and cultural heritage. With its convenient location and modern amenities, the new property aims to cater to both business and leisure travelers.

Recent news on Lemon Tree:

As of April 02, 2025, Lemon Tree Hotels Limited has expanded its footprint in Maharashtra with the launch of Lemon Tree Hotel, Pune. The 117-room property in Chinchwad offers modern amenities, including Citrus Café, a fitness center, and banquet spaces.

Stock performance of Lemon Tree for Period of 1 week, 6 months, and 1 year:

The stock of Lemon Tree Hotels Limited delivered a 7.76% return over the past week, gained 19.3% in the past six months, but declined by 1.50% over the past year.

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Shareholding pattern of Lemon Tree:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	22.80%	22.80%	22.80%
FII	20%	22%	28%
DII	21%	19%	15%
Public	36.40%	36.50%	34.30%
Others	0%	0.10%	0.10%

About Lemon Tree:

Lemon Tree Hotels Limited (LEMONTREE) is one of India’s largest hotel chains, operating 210+ hotels across upscale to economy segments, with properties in major metros, tier cities, and international locations like Dubai, Bhutan, and Nepal.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.