Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated September 23, 2025, titled "Opening of Keys Lite by Lemon Tree Hotels, Krishna, Vijayawada.".
LEMONTREE · price
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Lemon Tree Hotels has opened a new managed property called 'Keys Lite by Lemon Tree Hotels, Krishna, Vijayawada,' featuring 44 rooms, a multi-cuisine restaurant (Keys Café), and a boardroom. This is the company's 5th property in Andhra Pradesh and its 3rd in Vijayawada. The hotel will be managed by Carnation Hotels Private Limited, the company's wholly owned subsidiary. The group's total portfolio now stands at 230+ operational and upcoming properties across 75+ cities, with 120+ operational hotels and 110+ in the pipeline.
This is a routine business expansion that adds modest room inventory and strengthens Lemon Tree's presence in Andhra Pradesh, a growing market. No material impact on stock price is expected, though it contributes to the company's ongoing growth pipeline.