Lemon Tree Hotels Limited — Important, 28-03-2025: General Updates

Lemon Tree Hotels has signed a Franchise Agreement for its new property, Keys Select by Lemon Tree Hotels, in Pali, Maharashtra, marking a significant milestone as the company completes its 50th hotel signing in FY 2025. The hotel will comprise 54 well-appointed rooms along with a restaurant, banquet, bar, swimming pool, and other amenities, set to commence operations in FY 26. This expansion reinforces Lemon Tree's commitment to growth and enhances its portfolio, which now includes 12 existing hotels and several upcoming properties. Investors may view this as a positive outlook for increased market presence and revenue potential.