Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated November 14, 2025, titled "The Company has signed a License Agreement viz. Keys Select by Lemon Tree Hotels, Mahoba, Uttar Pradesh.".
LEMONTREE · price
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Lemon Tree Hotels has signed a License Agreement to open a new hotel under its 'Keys Select' brand in Mahoba, Uttar Pradesh. This is part of the company's ongoing brand expansion strategy, adding another mid-scale property to its portfolio in a tier-3 city. License agreements allow Lemon Tree to grow its footprint with relatively low capital investment since the property owner bears most of the setup cost. The company continues to expand its presence across smaller Indian cities through this asset-light model. No financial details of the agreement or expected revenue impact have been disclosed.
This is a routine brand expansion move and likely a small addition to Lemon Tree's overall portfolio. Short-term stock impact is expected to be minimal, but it reflects steady growth in the company's mid-scale and tier-2/3 city presence, which is positive for long-term revenue diversification.