The shares of Lemon Tree Hotels Ltd were trading today on the NSE at ₹167.79 up ₹2.60 or 1.57 per cent at the closing bell.
Lemon Tree HotelsLtd has signed a license agreement for a new property in Maharashtra, announcing the addition of Lemon Tree Resort, Pench on August 27, 2025. The resort will be managed by Carnation Hotels Private Ltd, a wholly-owned subsidiary of the hospitality company.
The 60-room wildlife resort will be located in Pench, Maharashtra, positioned near the famous Pench National Park. The property will include a restaurant, banquet facilities, swimming pool, spa, and other recreational amenities to serve guests visiting the tiger reserve area.
The resort’s strategic location offers convenient access with Nagpur Airport approximately 85 km away and Nagpur Railway Station about 62 km from the property. Road connectivity provides options for public and private transportation to the facility.
This signing represents Lemon Tree Hotels’ continued expansion in the wildlife tourism segment, where the company already operates five properties. The addition strengthens the group’s presence in Maharashtra, bringing their total to 15 operational hotels in the State with 10 additional properties in the development pipeline.
Vilas Pawar, CEO of Managed & Franchise Business at Lemon Tree Hotels, emphasised the company’s commitment to enhancing their wildlife portfolio through this new property.
Pench National Park, spanning 758 square km across Madhya Pradesh and Maharashtra, gained recognition as a national park in 1975 and became a tiger reserve in 1992. The park served as inspiration for Rudyard Kipling’s “The Jungle Book.”