Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated May 08, 2026, titled "Opening of Keys Select by Lemon Tree Hotels, Amritsar".
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Lemon Tree Hotels has announced the opening of its Keys Select property in Amritsar, Punjab. The hotel features 50 rooms (revised up from 45 rooms previously disclosed), a restaurant, meeting room, and fitness centre. Located near the Golden Temple and Jallianwala Bagh, the property targets pilgrimage and leisure travellers. This is the company's third Keys Select hotel in Punjab, strengthening its North India presence. Lemon Tree Hotels operates over 130 hotels across 80+ cities in India and abroad.
The hotel opening represents continued portfolio expansion for Lemon Tree Hotels, adding inventory in a high-potential spiritual and tourism destination. While a single property opening is incrementally positive, it does not materially impact financials immediately.