Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated July 25, 2025, titled "Opening of Keys Select by Lemon Tree Hotels, Kufri, Himachal Pradesh".
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Lemon Tree Hotels has opened a new property called Keys Select by Lemon Tree Hotels in Kufri, Himachal Pradesh, marking its 4th hotel in the state. The hotel has 49 rooms and suites opening in two phases, with 32 rooms launched in Phase I alongside a restaurant, fitness center, and open deck Jacuzzi. The remaining 17 rooms and a spa will open shortly as part of Phase II. The property is managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels. The company now has a portfolio of 220+ hotels including over 110 operational properties across India and internationally.
This is a routine business expansion announcement that adds inventory to Lemon Tree's managed hotel portfolio. For shareholders, it signals continued growth in leisure/hill station destinations but is unlikely to materially move the stock on its own without revenue impact details.