Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated July 15, 2025, titled "Opening of Lemon Tree Hotel, Erode, Tamil Nadu".
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Lemon Tree Hotels has opened a new property, Lemon Tree Hotel, in Erode, Tamil Nadu, marking its 6th hotel in the state. The hotel has 64 rooms, a multi-cuisine restaurant called Citrus Café, and a conference facility. It is managed by Carnation Hotels Private Limited, the company's subsidiary. The group now has a portfolio of 220+ hotels, including over 110 operational properties across India and internationally.
This is a routine expansion move that adds inventory in a tier-II city but is unlikely to materially move the stock on its own. It reflects steady network growth under the company's asset-light, managed-hotel model.