Hotel Signing & Portfolio Update
Lemon Tree Hotels Signs New Hotel in Jorhat, Expands Presence in Northeast India
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Lemon Tree Hotels Limited has signed a license agreement for Lemon Tree Hotel, Jorhat in Assam. The upcoming full-service hotel will feature 70 rooms and will be managed by the company’s wholly owned subsidiary, Carnation Hotels Private Limited. The company also announced the de-flagging of Lemon Tree Hotel, Dubai, effective July 14, 2026.
PRICE-SENSITIVE TRIGGER
Event: Signing of a license agreement for Lemon Tree Hotel, Jorhat, and de-flagging of Lemon Tree Hotel, Dubai.
Type: Hotel Signing & Portfolio Update
Impact: Positive
Immediate Effect:Â The agreement expands Lemon Tree Hotels’ presence in Assam and strengthens its Northeast India portfolio, while the Dubai property exits the company’s managed hotel network.

Financials:
Key Metrics:
- New Hotel: Lemon Tree Hotel, Jorhat
- Rooms: 70
- State Portfolio: 7 properties in Assam
- Operational: 1
- Under Development: 6
- Dubai Hotel De-flagged: 112-room managed hotel
Highlight:
- The signing of a 70-room hotel in Jorhat expands Lemon Tree Hotels’ presence in Assam to seven properties.
What Happened ?
Lemon Tree Hotels Limited announced the signing of Lemon Tree Hotel, Jorhat, marking the company’s entry into Jorhat, one of Assam’s key commercial and tourism destinations.
The property will be operated by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels. Separately, the company disclosed that Lemon Tree Hotel, Dubai, a 112-room managed property, has been de-flagged and will no longer operate under the Lemon Tree brand effective from the close of business on July 14, 2026.
key details
New Hotel Signing:
- Signed a license agreement for Lemon Tree Hotel, Jorhat.
- Property will be managed by Carnation Hotels Private Limited.
- The hotel will feature:
- 70 well-appointed rooms
- Restaurant
- Banquet hall
- Meeting room
- Swimming pool
- Spa
- Fitness centre
Note: The property is designed as a full-service hotel catering to business and leisure travellers.
Expansion in Northeast India:
- Marks Lemon Tree Hotels’ entry into Jorhat, Assam’s cultural and tea capital.
- Expands the company’s Assam portfolio to seven properties.
- Current regional portfolio includes:
- 1 operational hotel
- 6 hotels under development
- Strengthens the company’s presence in a fast-growing hospitality market in Northeast India.
Note: Jorhat’s tourism appeal, tea industry, and transport connectivity make it an attractive destination for branded hospitality.
Portfolio Update:
- Lemon Tree Hotel, Dubai has been de-flagged.
- The property comprised 112 managed rooms.
- The hotel ceased to be part of the Lemon Tree portfolio with effect from the close of business on July 14, 2026.
Note: The announcement does not disclose any financial impact from the de-flagging.
Business Impact:
- Expands Lemon Tree Hotels’ branded presence in Northeast India.
- Supports the company’s asset-light growth strategy through hotel management agreements.
- Enhances long-term pipeline in a strategically important tourism and business market.
- Optimizes the portfolio through selective addition of domestic properties and exit from non-core managed assets.
Note: The transaction reinforces the company’s focus on strengthening its domestic hospitality network.
Risk Analysis
Summary:
- The hotel signing supports long-term expansion, but revenue contribution will commence only after the property becomes operational. The company has not disclosed the opening timeline or financial investment details.
Key Risks:
- Commercial operations depend on project development and completion timelines.
- Future occupancy and room rates will determine the property’s financial contribution.
- The impact of the Dubai hotel de-flagging has not been quantified.
Worst Case:
- Construction or operational delays could postpone revenue generation from the Jorhat property, while the portfolio exit in Dubai could temporarily reduce managed room inventory.
Risk Level: Low
Company Commentary
Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., stated that:
- The signing strengthens the company’s presence across high-growth regional markets.
- Jorhat combines strong cultural heritage with growing economic significance.
- The expansion reinforces Lemon Tree Hotels’ long-term commitment to Northeast India.
- The hotel will serve both business and leisure travellers with the brand’s signature hospitality standards.
Official Exchange Filing: Lemon Tree Hotels Limited


