Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated July 21, 2025, titled "Opening of Keys Lite by Lemon Tree Hotels, Banswara, Rajasthan".
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Awaiting price reaction for this filing.
Lemon Tree Hotels has opened a new property, Keys Lite by Lemon Tree Hotels, in Banswara, Rajasthan. This is the group's 11th hotel in Rajasthan and features 54 rooms, a multi-cuisine restaurant (Keys Café), a fitness centre, and banquet and conference facilities. The hotel is managed by Carnation Hotels Private Limited, a subsidiary of Lemon Tree Hotels. The company now has a portfolio of 220+ hotels, including over 110 operational hotels across India and internationally.
This is a routine expansion announcement reflecting the company's continued growth in tier II/III cities. It is a managed property (not owned), so capital outlay is limited. Positive for long-term brand presence but unlikely to move the stock significantly on its own.