Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated April 22, 2026, titled "The Company has signed two License Agreements viz. Lemon Tree Premier, Raipur and Lemon Tree Hotel, Jalandhar.".
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Lemon Tree Hotels Limited has announced the signing of two new hotel properties - Lemon Tree Premier in Raipur with 78 rooms and Lemon Tree Hotel in Jalandhar with 60 rooms. Both properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of the company. The Raipur hotel, located 7 km from Swami Vivekananda Airport, will feature a multi-cuisine restaurant, banquet hall, conference room, spa, swimming pool, and fitness centre. The Jalandhar property, situated 2 km from Jalandhar Cantt. Railway Station, will offer similar amenities. These signings strengthen the company's presence in the high-growth markets of Chhattisgarh and Punjab, catering to business and leisure travellers.
The expansion into Raipur and Jalandhar represents continued portfolio growth for Lemon Tree Hotels, adding 138 rooms across two key markets. While no financial terms were disclosed, the signings demonstrate ongoing pipeline execution and could support future revenue growth as these properties become operational.