The latest announcement is out from Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ).
Lemon Tree Hotels Limited has announced the signing of two new license agreements for properties in Vrindavan, Uttar Pradesh, and Navsari, Gujarat, under the Keys Select brand. These properties, managed by its subsidiary Carnation Hotels Private Limited, will enhance the company’s presence in these regions, with the Vrindavan hotel expected to open in FY 2026 and the Navsari hotel in FY 2028. This expansion reflects Lemon Tree’s commitment to delivering exceptional hospitality experiences in vibrant destinations across India.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is one of India’s largest hotel chains, operating across upscale, upper-midscale, midscale, and economy segments. The company offers a range of services through its seven brands, including Aurika Hotels & Resorts, Lemon Tree Premier, and Keys Select by Lemon Tree Hotels, providing differentiated and superior service offerings with a compelling value proposition.
YTD Price Performance: -14.52%
Average Trading Volume: 213,994
Current Market Cap: 106.6B INR
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