Lemon Tree Hotels Limited – Disclosure under Regulation 30 (LEMONTREE – NSE / 541233 – BSE)

Introduction

On 29 July 2026, Lemon Tree Hotels Limited filed a Regulation 30 disclosure with the National Stock Exchange of India (NSE) and BSE, announcing the signing of two new license agreements for hotels in Siddharthanagar, Nepal and Vijayawada, Andhra Pradesh, India. Both properties will be operated by Carnation Hotels Private Limited, a wholly‑owned subsidiary of Lemon Tree Hotels.

Key Developments

1. Lemon Tree Hotel, Siddharthanagar – Nepal

• Type: New mid‑scale hotel under the Lemon Tree brand.
• Rooms: 120 well‑appointed rooms.
• Facilities:
  • Restaurant & banquet hall
  • Meeting / conference room
  • Bar lounge, swimming pool, spa, fitness centre
  • Designed public areas.
• Location advantages:
  • ~2 km from Bhairahawa Airport.
  • Close to Lumbini (major Buddhist pilgrimage site) and the India–Nepal border, enhancing cross‑border tourism potential.
• Portfolio impact: Increases Lemon Tree’s Nepal footprint to 8 properties (5 operational, 3 upcoming).

2. Keys Select by Lemon Tree Hotels – Vijayawada, Andhra Pradesh

• Type: New mid‑scale hotel under the Keys Select brand.
• Rooms: 70 well‑appointed rooms.
• Facilities:
  • Restaurant & banquet hall
  • Meeting / conference room
  • Spa and fitness centre.
• Location advantages:
  • ~19 km from Vijayawada Airport.
  • 1.5 km from Vijayawada Railway Station, providing easy city and regional access.
• Portfolio impact: Raises the group’s presence in Andhra Pradesh to 11 properties (6 operational, 5 upcoming) and brings the total number of hotels in Vijayawada to 5.

3. Management

Both hotels will be managed by Carnation Hotels Private Limited, reinforcing Lemon Tree’s integrated operating model.

Strategic Rationale

• Geographic diversification: The signings deepen the company’s footprint in two high‑growth markets – Nepal (leveraging religious tourism) and Andhra Pradesh (a key commercial hub).
• Scale building: Adding 190 rooms across the two properties contributes to the group’s strategy of building scale in markets with sustained opportunity.
• Brand extension: The Vijayawada property expands the Keys Select mid‑scale brand, aligning with the city’s commercial activity and connectivity needs.

“Our growth strategy is centred on building scale in markets where we see sustained opportunity… These signings reinforce our commitment to building a strong, well‑diversified portfolio across markets with compelling long‑term prospects.” – Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd.

Regulatory & Compliance Note

The announcement complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The press release and related documents have been digitally signed by the Company Secretary, Pawan Kumar Kumawat, on 29 July 2026.

About Lemon Tree Hotels Limited

Lemon Tree Hotels Limited (LTHL) is a leading Indian hospitality company operating 130+ hotels across 80+ cities in India and abroad, with a pipeline of 140+ upcoming properties. The group manages seven distinct brands ranging from upper‑upscale to mid‑scale segments, serving value‑conscious travelers to premium business and leisure guests.

For further information, visit www.lemontreehotels.com.

Media Contact
Isha Khanna – +91 9716181670 – head_marketing@lemontreehotels.com