Lemon Tree Hotels Limited — Important, 23-04-2025: General Updates

Lemon Tree Hotels has rebranded its upcoming hotel in Nasik, Maharashtra, from "Lemon Tree Hotel" to "Lemon Tree Resort." Managed by the wholly-owned subsidiary Carnation Hotels, the resort is set to open in FY 2026. Notably, the property will feature 72 well-appointed rooms, increasing from the earlier plan of 57 rooms, and will include a restaurant, bar, banquet hall, meeting room, swimming pool, and spa. This expansion reflects Lemon Tree's strategy to enhance its portfolio and cater to a broader market, presenting potential growth opportunities for the company as it prepares for increased demand in the hospitality sector.