Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated October 30, 2025, titled "The Company has signed two Development Management and License Agreements for Lemon Tree Premier, Ayodhya and Lemon Tree Premier, Guwahati".
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Lemon Tree Hotels has signed two new Development Management and License Agreements to set up Lemon Tree Premier hotels in Ayodhya and Guwahati. Under this model, the company will manage the properties and license its brand without owning the underlying real estate. The expansion covers two strategically important cities — Ayodhya, a major religious and tourism destination, and Guwahati, the gateway to Northeast India. No financial details of the agreements were disclosed in the filing.
This is a positive development for shareholders as it signals portfolio expansion into high-potential markets using a capital-light model, which can boost future revenue from management fees without significant balance sheet impact.