Lemon Tree Hotels has signed a licence agreement for an 85-room Lemon Tree Premier, Omkareshwar, Madhya Pradesh. The hotel will be managed by Carnation Hotels with banquet, leisure and meeting facilities near key transport links.
Source: Lemon Tree Hotels Press Release (NSE Exchange Fillings) | Published on Jan 21, 2025
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As quoted in the press release of Lemon Tree Hotels (NSE Exchange Filings), Lemon Tree Hotels Limited has announced the signing of a licence agreement for a new property, Lemon Tree Premier, Omkareshwar, in Madhya Pradesh. The upcoming hotel will have 85 rooms and will be operated under a managed model by Carnation Hotels Private Limited, a wholly owned subsidiary of the company. The signing adds another location to the company’s portfolio in central India.
Omkareshwar is a well-known pilgrimage town situated on an island in the Narmada River. The destination attracts a steady flow of visitors throughout the year due to its religious significance and historic temples. The hotel’s location positions it to serve travellers visiting the region for religious, leisure, and small group events.
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Lemon Tree Hotels has signed a licence agreement for an 85-room Lemon Tree Premier in Omkareshwar, Madhya Pradesh.
The property will be managed by Carnation Hotels, a wholly owned subsidiary of the company.
Omkareshwar is a major pilgrimage destination located on the Narmada River.
The hotel is planned with banquet, meeting, and leisure infrastructure to support varied visitor needs.
The upcoming Lemon Tree Premier is located within reasonable distance of key transport hubs in Madhya Pradesh. Devi Ahilya Bai Holkar International Airport, Indore, is approximately 85 kilometres away, while Indore Junction railway station is around 81 kilometres from the site. The area is connected through both public and private transport, supporting year-round accessibility.
The presence of organised hospitality infrastructure in pilgrimage towns has increased in recent years as visitor volumes remain stable across seasons. Properties with meeting and event facilities also support demand from organised groups and institutional travellers visiting the region.
The company operates under different categories, such as Managed Hotels, Franchise Hotels, Leased Hotels, etc. With this new addition, the Company's presence has been further established in Madhya Pradesh with the addition of Omkareshwar, where the Company already operates multiple hotel properties and has more hotel properties planned. This agreement is an example of Lemon Tree Hotels continued growth through a strategy of expanding their presence through Asset-Light models.
Particulars | Details |
Property Name | Lemon Tree Premier, Omkareshwar |
Location | Omkareshwar, Madhya Pradesh |
Number of Rooms | 85 |
Operating Model | Managed |
Managing Entity | Carnation Hotels Private Limited |
Nearest Airport | Devi Ahilya Bai Holkar International Airport, Indore |
Nearest Railhead | Indore Junction |
Lemon Tree Hotels share price stands at ₹131.26 per share on the BSE as of 21 January 2026 at 15:30 PM IST, down by 0.6%.
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