Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated March 25, 2026, titled "Opening of Keys Select by Lemon Tree Hotels, Vadodara".
LEMONTREE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lemon Tree Hotels has launched a new franchised property, Keys Select by Lemon Tree Hotels, in Vadodara, Gujarat. The hotel has 42 rooms (reduced from the 45 rooms originally announced in October 2023), along with a restaurant, banquet hall, and meeting room. This is the company's 11th property in Gujarat and its 3rd hotel in Vadodara. The company now operates 130+ hotels across 80+ cities, with a pipeline of 130+ upcoming properties.
This is a routine expansion announcement consistent with Lemon Tree's stated growth strategy. While it signals continued network expansion, a single mid-scale hotel opening is unlikely to be material for the stock. Long-term investors may view the steady pipeline addition positively.