Lemon Tree Hotels Expands Portfolio with Two New Properties in Varanasi and Rewa
Adding two new properties enhances the company's footprint and potential revenue streams, contributing to medium-term growth and market presence.
The signing of two new properties signifies business expansion and growth for Lemon Tree Hotels, which is a positive development.
Lemon Tree Hotels Limited announced on 23 September 2025, the signing of two new properties: * Keys Prima by Lemon Tree Hotels, Varanasi, under a Franchise Agreement, will feature 153 rooms, a restaurant, banquets, a conference room, a swimming pool, a fitness center, and a spa. * Keys Select by Lemon Tree Hotels, Rewa, under a License Agreement, will be managed by Carnation Hotels Private Limited (a wholly-owned subsidiary), offering 50 rooms, two restaurants, a banquet hall, and a swimming pool. Mr. Vilas Pawar, CEO - Managed & Franchise Business, commented on the expansion into Uttar Pradesh and Madhya Pradesh, stating it aligns with the company’s vision to be the most preferred hospitality chain across different segments.
What to do with a filing like this
Lemon Tree Hotels Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Lemon Tree Hotels Limited. Read the original for the full detail.