Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated October 01, 2025, titled "the Company has signed a License Agreement viz. Keys Select by Lemon Tree Hotels, Haridwar".
LEMONTREE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lemon Tree Hotels has signed a License Agreement to launch a new hotel under its 'Keys Select by Lemon Tree Hotels' brand in Haridwar. This is a franchise/management licensing arrangement, which means the company will earn license fees without directly owning or operating the property. The addition expands the company's mid-scale brand footprint into Haridwar, a key religious tourism destination. No financial details such as investment size, fee structure, or expected revenue contribution were disclosed in the announcement.
This is a brand expansion move that adds a new property to Lemon Tree's growing portfolio and could contribute to future fee-based income, but it is unlikely to move the stock significantly given the small size of a single hotel signing.