Lemon Tree Hotels Limited (LEMONTREE) — Announcement

· NSE Neutral
📢 Key Event
Lemon Tree Hotels announces opening of Sri Ganganagar hotel
💡 Investor Takeaway
The new hotel expands Lemon Tree's presence in Rajasthan's high-potential markets, supporting growth in Tier-II and Tier-III locations.

Lemon Tree Hotels announced the opening of Lemon Tree Hotel in Sri Ganganagar, Rajasthan, marking its 13th operational hotel in the state and adding to its network of 23 hotels across Rajasthan. The property features 68 rooms and suites, a restaurant, bar, banquet hall, spa, swimming pool, and fitness centre, managed by its wholly owned subsidiary Carnation Hotels Private Limited. The hotel is positioned to serve business, trade, and leisure travellers in a region known for agricultural prosperity and strategic location near cultural landmarks and transport links. The opening reflects the company's expansion into high-potential Tier-II and Tier-III markets, supporting its pipeline of 10 additional hotels in Rajasthan.

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About Lemon Tree Hotels Limited (LEMONTREE)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹8,812.16 Cr P/E: 49.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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