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Lemon Tree Hotels Signs Keys Select Property on Indore-Ujjain Highway, Expanding MP Portfolio to 15

Lemon Tree Hotels Limited has signed a license agreement for a Keys Select by Lemon Tree Hotels property in Panthpiplai, Ujjain, Madhya Pradesh, bringing its total Madhya Pradesh portfolio to 15 properties. The 51-room full-service midscale hotel, situated on the Indore-Ujjain Road, will be managed by Carnation Hotels Private Limited and is strategically positioned to serve both commercial travelers from Indore and spiritual tourists visiting Ujjain, with Simhastha 2028 cited as a key demand driver.

24Jul 26

Fleur Hotels extends DDA LOA for Aurika, Nehru Place project to Aug 14, 2027

Fleur Hotels Limited, a material subsidiary of Lemon Tree Hotels, extended its Letter of Award from the Delhi Development Authority for the Aurika, Nehru Place project. The validity was prolonged from August 14, 2026, to August 14, 2027, via mutual agreement. This allows continued development rights for a 5-star hotel on a 2.256-acre plot in New Delhi, with all original terms remaining intact.

19Jul 26

Lemon Tree Hotels terminates Erode, Hubli agreements over breaches

Lemon Tree Hotels terminated the Hotel Operating Agreement and License Agreement for Lemon Tree Hotel, Erode, following a material breach by the owner, Hotel Le Jardin. This follows a similar termination for the Hubli property earlier in July. The company confirmed that these terminations do not have a material financial impact and were disclosed in compliance with SEBI regulations.

15Jul 26

Lemon Tree Hotels signs 70-room property in Jorhat, Assam

Lemon Tree Hotels expanded its footprint in Assam to seven properties by signing a license agreement for a 70-room hotel in Jorhat. The property, managed by subsidiary Carnation Hotels, will offer full-service amenities. Additionally, the company de-flagged its 112-room Lemon Tree Hotel in Dubai effective July 14, 2026.

01Jul 26

Lemon Tree Hotels debuts in Ajmer with Keys Lite property

Lemon Tree Hotels Limited opened Keys Lite by Lemon Tree Hotels, Ajmer, on June 30, 2026, marking its entry into the city. The property features 31 rooms across Deluxe, Executive, and Suite categories, with 24 rooms operational initially and the remaining seven to follow. Managed by Carnation Hotels Private Limited, the hotel includes dining venues like Keys Café and Terrace Café, along with a conference room. This opening takes Lemon Tree Hotels' operational count in Rajasthan to 14, with nine more properties in the pipeline.

24Jun 26

Lemon Tree Hotels promoters confirm no share encumbrance in FY26

Lemon Tree Hotels disclosed that its promoters and persons acting in concert have not created any encumbrance on the company's shares during FY26. This confirmation was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing covers 16 entities, including Promoter Patanjali Govind Keswani and various group entities.

23Jun 26

Lemon Tree Hotels Revises Growth Forecast to Mid-to-Single Digit From Double Digit

Lemon Tree Hotels has revised its growth outlook downward, now projecting mid-to-single digit growth compared to its earlier double-digit growth guidance. This update was communicated by the company's management in a CNBC interview. The revision marks a notable shift in the company's near-term performance expectations, though no specific financial figures or time periods were disclosed alongside the announcement.

23Jun 26

Lemon Tree Hotels signs 85-room hotel in Janakpur, Nepal

Lemon Tree Hotels Limited has signed a license agreement for Lemon Tree Hotel, Janakpur in Nepal, adding an 85-room property to its portfolio. Managed by subsidiary Carnation Hotels, the project expands the group's presence in Nepal to 8 properties. The international portfolio now totals 11 properties across Nepal, Bhutan, and Dubai.

19Jun 26

Lemon Tree Hotels signs two new resorts in Maharashtra, adds 200 keys

Lemon Tree Hotels Limited has signed two license agreements for new resorts in Tadgaon and Igatpuri, Maharashtra, adding 200 keys to its portfolio. The properties will be managed by Carnation Hotels Private Limited, increasing the company's presence in the state to 32 properties.

19Jun 26

Franklin Templeton reduces stake in Lemon Tree Hotels to 5.017%

Franklin Templeton Mutual Fund sold 613,818 shares of Lemon Tree Hotels Ltd on June 17, 2026, reducing its stake from 5.095% to 5.017%. The sale was conducted entirely through the Franklin India Multi Cap Fund via open market transactions. The total equity share capital of Lemon Tree Hotels Ltd remains 792,246,464 shares.

18Jun 26

Lemon Tree Hotels opens Sri Ganganagar property in Rajasthan

Lemon Tree Hotels opened Lemon Tree Hotel, Sri Ganganagar, adding to its 23 hotels in Rajasthan. The property features 68 rooms and is managed by Carnation Hotels. The company has 10 more hotels in the pipeline in the state.

11Jun 26

Lemon Tree Hotels schedules non-deal roadshow in Mumbai

Lemon Tree Hotels Limited announced a non-deal roadshow in Mumbai from June 15 to June 19, 2026, for analysts and institutional investors. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared during the physical meetings, which include one-on-one and group sessions. The schedule is subject to change based on exigencies.

09Jun 26

Lemon Tree Hotels appoints Kartikeya Kumar Singh as Chief Digital Officer

Lemon Tree Hotels has appointed Mr. Kartikeya Kumar Singh as its Chief Digital and Transformation Officer and Senior Management Personnel, effective June 08, 2026. Singh brings 23 years of experience in digital transformation and technology strategy, having previously worked with Coca-Cola India Private Limited. The appointment is on a full-time basis and was disclosed in compliance with SEBI regulations.

09Jun 26

Lemon Tree Hotels signs Keys Prima franchise in Jaipur

Lemon Tree Hotels has signed a franchise agreement for Keys Prima by Lemon Tree Hotels, Jaipur, reinforcing its asset-light expansion strategy in Rajasthan. The new property will feature 88 well-appointed rooms, a restaurant, banquet and conference facilities, a fitness centre, and modern public spaces catering to both business and leisure travellers. This signing takes the company's total portfolio in Rajasthan to 23 hotels, comprising 13 operational and 10 upcoming properties.

04Jun 26

Fleur Hotels faces tax demand of ₹33.54 lakh from tribunal

Fleur Hotels Limited, a material subsidiary of Lemon Tree Hotels Limited, received an order from the Customs, Excise and Service Tax Appellate Tribunal, Hyderabad, on June 03, 2026, confirming a service tax demand of ₹33,54,487 along with a penalty. The demand pertains to the alleged wrongful availment of CENVAT credit on specific services for the period July 2012 to March 2013. The company stated there is no material impact on its financial operations beyond the specified amount and is evaluating legal remedies.

04Jun 26

Lemon Tree Hotels FY26 net profit rises 19% to ₹288.3 crore

Lemon Tree Hotels reported a 19% increase in FY26 net profit to ₹288.3 crore, with revenue growing 13% to ₹1,452.7 crore, driven by record occupancy and ARR. The company reduced debt to ₹1,500 crore and expects margin expansion by FY28 as renovation and technology costs normalize. Management provided updates on the proposed demerger, which is subject to regulatory approvals and aims to create separate asset-light and ownership platforms.

30May 26

Lemon Tree Hotels releases Q4FY26 concall audio recording

Lemon Tree Hotels has released the audio recording of its investor conference call held on May 29, 2026, regarding the audited financial results for the quarter and year ended March 31, 2026. The call, conducted under Regulation 30 of SEBI regulations, allowed analysts and institutional investors to review the outcomes. The recording is available on the company's website.

26May 26

Lemon Tree Hotels signs Kumbakonam property in Tamil Nadu

Lemon Tree Hotels Limited signed a license agreement for a new property in Kumbakonam, Tamil Nadu, featuring 66 rooms. The hotel will be managed by its subsidiary, Carnation Hotels Private Limited, bringing the company's total count in the state to eight properties.

23May 26

CCI Approves Lemon Tree Hotels' Fleur Hotels Stake Acquisition and Group Restructuring via Amalgamation and Demerger

Lemon Tree Hotels received the detailed CCI order approving the acquisition of equity shares of subsidiary Fleur Hotels Limited by Coastal Cedar Investments B.V., along with internal group restructuring through amalgamations and demerger under a Composite Scheme of Arrangement. The approval, granted under Section 31(1) of the Competition Act, 2002, was disclosed to exchanges per SEBI listing regulations, following an earlier CCI approval intimation dated April 07, 2026.

19May 26

Lemon Tree Hotels Signs Franchise Agreement for Keys Prima in Karnal, Haryana

Lemon Tree Hotels Limited signed a franchise agreement for Keys Prima by Lemon Tree Hotels, Karnal, Haryana on May 18, 2026, taking its Haryana footprint to 13 hotels (11 operational, two upcoming). The 50-room property is located approximately 127 km from Shaheed Bhagat Singh International Airport and around 4.2 km from Karnal Railway Station, positioned along the Delhi–Chandigarh commercial highway corridor.

16May 26

Lemon Tree Hotels Signs License Agreement for New Property in Bhubaneswar, Odisha

Lemon Tree Hotels Limited signed a License Agreement for Lemon Tree Hotel, Satya Nagar, Bhubaneswar on May 15, 2026, marking its third property in the city. The hotel, managed by wholly-owned subsidiary Carnation Hotels Private Limited, will feature 50 rooms along with a restaurant, banquet hall, meeting room, swimming pool, spa, and fitness center. Located approximately 5.4 km from Biju Patnaik International Airport and around 3.2 km from Bhubaneswar Railway Station, the property is positioned to serve diversified travel demand. The signing follows the launch of the company's second operational hotel in Bhubaneswar, further deepening its presence in Odisha.

16May 26

Lemon Tree Hotels Enters Assam with Opening of Keys Select by Lemon Tree Hotels, Chirang

Lemon Tree Hotels Limited announced the opening of Keys Select by Lemon Tree Hotels, Chirang on May 15, 2026, marking the group's first hotel in Assam. The 40-room property is located on NH-31C along the Chirang–Bongaigaon corridor and is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. The hotel offers dining, banquet, wellness, and meeting facilities, catering to business, transit, and leisure travellers. The opening further strengthens the group's Northeast India footprint as part of its broader expansion across Tier-II and emerging markets.

15May 26

Lemon Tree Hotels Opens Second Property in Bhubaneswar with 65 Rooms in Two-Phase Launch

Lemon Tree Hotels Limited has opened Lemon Tree Hotel, Bhubaneswar, its second property in Odisha's capital, featuring 65 rooms — up from the 60 rooms disclosed in August 2023. The hotel is opening in two phases, with 50 rooms and key amenities including a restaurant, banquet hall, swimming pool, and fitness center operational from May 14, 2026, and the remaining 15 rooms to follow in the second phase. Located in Bharatpur, approximately 8 km from Biju Patnaik International Airport and 11 km from Bhubaneswar Railway Station, the property targets business, leisure, medical, and spiritual travellers. The launch adds to the group's portfolio of 130+ operational hotels across 80+ cities in India and abroad.

09May 26

Lemon Tree Hotels Opens Keys Select Property in Amritsar with 50 Rooms

Lemon Tree Hotels Limited has opened Keys Select by Lemon Tree Hotels, Amritsar, featuring 50 rooms, Keys Café, a boardroom, and a fitness centre. The property, the brand's third in Punjab, is located near the Golden Temple and Jallianwala Bagh, approximately 2.5 km from Amritsar Railway Station and 13 km from Sri Guru Ram Dass Jee International Airport.

07May 26

Lemon Tree Hotels Terminates Master Service Agreement with CS Hospitality Over Non-Payment

Lemon Tree Hotels Limited disclosed the termination of a Master Service Agreement by its material subsidiary Berggruen Hotels Private Limited (BHPL) with CS Hospitality & Management Services Private Limited, Green Apple Hotels & Resorts Private Limited, and Nestor Hotels Private Limited, originally executed on May 23, 2010. The termination was triggered by non-payment of outstanding Management Fee and deposit amount under the MSA related to the 'Keys Select Hotel Nestor by Lemon Tree'. The company confirmed no significant financial impact arising from the termination.

06May 26

Lemon Tree Hotels Strengthens Maharashtra Portfolio With New Signing in Ahilyanagar

Lemon Tree Hotels has signed a new property in Ahilyanagar, Maharashtra, marking its 30th property in the state. The development highlights the brand's strategic focus on India's emerging hospitality destinations and reinforces its leadership position in Maharashtra. This signing is part of the company's broader portfolio expansion across key regional markets in India.