Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated May 15, 2026, titled "Opening of Keys Select by Lemon Tree Hotels, Chirang.".
LEMONTREE · price
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Lemon Tree Hotels Limited has announced the opening of Keys Select by Lemon Tree Hotels in Chirang, Assam. This is the company's first hotel in Assam and marks its expansion into Northeast India. The hotel features 40 rooms and suites, an all-day dining restaurant, a bar, banquet and meeting spaces, a fitness centre, and a spa. The property is strategically located on NH-31C along the Chirang-Bongaigaon corridor, approximately 5 km from New Bongaigaon Railway Station. The hotel is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels. This opening reinforces the company's focus on expanding into Tier-II and emerging markets.
Positive for shareholders as it represents continued portfolio expansion in a new geography, though this is routine business activity with no immediate material financial impact.