Lemon Tree Hotels Signs New Hotel in Garudeshwar Gujarat

23 Apr 2026 CW Team

Lemon Tree Hotels Limited has signed a licence agreement to open Lemon Tree Hotel, Garudeshwar in Gujarat and the property will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of the company. The signing marks the brand's 32nd property in the state, bringing the total to 32 properties, of which 11 are operational and 21 are upcoming. The move forms part of a strategic push to expand scale across tourism and pilgrimage driven markets.

The hotel will offer 90 well appointed rooms together with a restaurant, banquet hall, meeting room and recreational amenities such as a swimming pool, spa and fitness centre. The asset will be operated under management of Carnation Hotels Private Limited. It is well connected by road with Vadodara International Airport approximately 85 km away and Ekta Nagar Railway Station around 5 km from the property, ensuring convenient access for visitors.

Gujarat has recorded strong tourism growth driven by landmark attractions such as the Statue of Unity and rising interest in spiritual and cultural travel, and Garudeshwar is emerging as an important node within these travel circuits. The company noted that proximity to key attractions and improving infrastructure are supporting a steady flow of visitors and reinforcing demand for branded hospitality. Management indicated that the signing reflects the strategy to strengthen presence in locations with sustained visitor flows.

Lemon Tree Hotels offers seven distinct brands across upper upscale to midscale segments and operates more than 130 hotels across over 80 cities in India and abroad, with a similar number of properties in its pipeline. Since opening its first 49-room hotel in 2004 the group has expanded to more than 250 properties operational and upcoming, including an international presence in Dubai, Bhutan and Nepal. The signing in Garudeshwar supports the group's objective to build a connected and diversified portfolio aligned with evolving travel patterns.

Infrastructure Urban

14 May 2026

Shyam Metalics Q4 Revenue Rises 27%

Shyam Metalics and Energy reported consolidated revenue of Rs 52.40 billion in Q4 FY26, registering 27 per cent year-on-year growth from Rs 41.39 billion in Q4 FY25. EBITDA rose 33 per cent to Rs 7.56 billion, while Profit After Tax increased 42 per cent to Rs 3.12 billion. Operating EBITDA grew 41 per cent to Rs 7.27 billion during the quarter.For FY26, the company posted consolidated revenue of Rs 185.52 billion, up 22 per cent over FY25. EBITDA stood at Rs 25.37 billion, while PAT increased to Rs 10.61 billion. Operating EBITDA for the year stood at Rs 23.33 billion, marking 25 per cent yea..

DHL Express Launches Heavy Weight Service

DHL Express has expanded its Time Definite International portfolio with the global launch of Heavy Weight Express, an air express solution for shipments weighing up to 1,000 kg per piece and 3,000 kg per shipment. The service will be available across more than 220 countries and territories.The new solution is designed for industries where timing, reliability and shipment visibility are critical. It offers time-definite delivery, end-to-end control, proactive monitoring and transparent all-in pricing. DHL said the service will help reduce uncertainty linked to capacity fluctuations, handling su..

Schaeffler India Opens Research Facility at IISC

Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru, as part of its engagement with the Indian Institute of Science (IISC). The facility will support high-performance computing, large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems and sustainable mobility.The initiative includes dedicated lab space, advanced in-rack cooling systems, power backup and high-performance hybrid computing workstations or clusters. It is expected to improve ..