Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated December 03, 2025, titled "The Company has signed a License Agreement viz. Lemon Tree Hotel , Pacific Mall, Jaipur.".
LEMONTREE · price
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Awaiting price reaction for this filing.
Lemon Tree Hotels has signed a License Agreement to open a new hotel under its flagship 'Lemon Tree Hotel' brand at Pacific Mall in Jaipur. The agreement is an asset-light expansion model, meaning the company will operate the hotel without owning the property. This adds to the company's growing portfolio of properties across India. The Pacific Mall location is likely a high-footfall retail and entertainment destination in Jaipur.
Positive for shareholders as it signals continued network expansion in a key Indian city using a capital-efficient, asset-light model, which can boost future revenue without significant capital expenditure.