Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated August 27, 2025, titled "Disclosure under Reg 30 of SEBI (LODR) Regulations, 2015 that the Company has signed a License Agreement viz. Lemon Tree Resort, Pench, Maharashtra".
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Awaiting price reaction for this filing.
Lemon Tree Hotels has signed a license agreement to open a new resort — Lemon Tree Resort, Pench, Maharashtra — featuring 60 rooms along with a restaurant, banquet, swimming pool, and spa. The property will be managed by Carnation Hotels, a wholly-owned subsidiary. This is the company's sixth property in its wildlife portfolio, adding to its 14 existing hotels in Maharashtra and 10 more in the pipeline there. The resort is located near Pench National Park, a popular wildlife destination, and is about 85 km from Nagpur Airport. Overall, the group operates 110+ hotels across 75+ cities and has another 110+ properties in its upcoming pipeline.
Positive for the company's growth story as it strengthens the wildlife and leisure segment, but this is a routine pipeline addition with no immediate revenue impact on shareholders.