Lemon Tree Hotels Limited — Important, 21-01-2025: General Updates

Lemon Tree Hotels has signed two License Agreements for Keys Select by Lemon Tree Hotels in Guwahati, managed by its subsidiary, Carnation Hotels Private Limited. The GS Road property, set to open in FY 2026, will boast 55 rooms along with dining and fitness amenities. The Dishpur property, scheduled for FY 2027, will feature 60 rooms and similar services. Guwahati presents a vibrant market with its blend of culture and commerce, enhancing the strategic portfolio of Lemon Tree Hotels in Assam. This expansion underscores positive growth prospects as the company strengthens its presence in a rapidly developing region. Investors should note the potential in these promising new properties, which align with Lemon Tree's growth strategy.