NSEPress Release1d ago · 13 Oct 2026, 08:09 pm
Press Release
Lemon Tree Hotels Limited · LEMONTREE
✦ AI Summary▲ PositiveExpansion
Lemon Tree Hotels Limited has signed a Franchise Agreement for Keys Select by Lemon Tree Hotels, Bareilly, a 52-room hotel with a multi-cuisine restaurant, banquet, conference hall, and fitness center. This marks the group's 26th property in Uttar Pradesh, strengthening its presence in the region.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "The Company has signed a Franchise Agreement viz. Keys Select by Lemon Tree Hotels, Bareilly".
Attachments (1)
📄pdf
Download →
LEMONTREE_13102026200410_Intimation_Press_Release.pdf
View document text
October 13, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Name of Scrip: LEMONTREE BSE Scrip Code: 541233
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Ref: Press Release
Dear Sir/ Madam,
We would like to inform you that the Company has signed a Franchise Agreement
viz. Keys Select by Lemon Tree Hotels, Bareilly.
This Hotel will feature 52 well-appointed rooms, a multi-cuisine restaurant,
banquet, conference hall and fitness centre.
Please find attached herewith the copy of the press release in this regard.
You are requested to take the above information in your record.
Thanking You
For Lemon Tree Hotels Limited
Pawan Kumar Kumawat
Company Secretary
& Compliance Officer
M. No: A25377
Encl. as above
Lemon Tree Hotels Limited
CIN No. L74899HR1992PLC140546
Reg. Office: Lemon Tree Corporate Park, Urban Complex, Ullahawas, Sector 60, Gurugram, Haryana-122011
Corporate Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037
T +91 124 714 2310 | E hi@lemontreehotels.com
Central Reservation: +91 9911 701 701| www.lemontreehotels.com
LEMON TREE HOTELS ANNOUNCES THE SIGNING OF KEYS SELECT BY
LEMON TREE HOTELS, BAREILLY
Strengthens the group’s footprint in Uttar Pradesh with its 26th property in the state
New Delhi, October 13, 2026: Lemon Tree Hotels Limited, a leading name in the Indian
hospitality sector, today announced the strategic addition of Keys Select by Lemon Tree
Hotels, Bareilly to its expanding pipeline.
The property will be operated under a franchise agreement, further expanding the group's
presence across the region.
This milestone development marks a deliberate expansion of the Group’s network within
Uttar Pradesh, strengthening its presence across high-growth, mid-tier commercial hubs
throughout North India. With this signing, the Group will have 8 operational hotels and 18
upcoming properties in Uttar Pradesh.
Bareilly is rapidly advancing as one of Uttar Pradesh’s major urban centers, driven by
expanding industrial activity, traditional manufacturing sectors, and its vital role as a key
transport nexus for the Rohilkhand region. Positioned along major arterial highways, the
city experiences a rising influx of corporate executives, transit operators, and event-driven
travelers. This consistent regional activity generates strong demand for branded, high-
quality, and reliable accommodations that balance modern corporate utility with
exceptional value.
The upcoming hotel will feature 52 well-appointed rooms tailored to provide a
comfortable, contemporary stay. To serve both corporate and local social events, the
property will feature a multi-cuisine restaurant, a versatile banquet and conference hall, a
modern fitness center and inviting public spaces.
Commenting on the signing, Mr. Kapil Sharma, Executive Director & CFO, Lemon
Tree Hotels Ltd., said: “The signing of Keys Select in Bareilly reflects our strategy of
expanding into high-potential regional markets where we see sustained demand from
business and transit travellers. Through an asset-light approach, we are able to scale our
presence across Uttar Pradesh in a capital-efficient manner while strengthening our long-
term value creation.”
The property offers exceptional transit convenience for domestic travelers, located just 4.9
km from Bareilly Airport (approx. an 11-minute drive) and roughly 12 km from Bareilly
Junction Railway Station, ensuring seamless connectivity for arriving guests.
ABOUT LEMON TREE HOTELS LIMITED
Lemon Tree Hotels Limited (LTHL) is one of India's leading hospitality companies, catering
to a wide range of customers – from value-conscious travellers to premium business and
leisure seekers. With seven distinct brands – Aurika Hotels & Resorts, Lemon Tree Premier,
Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite – the group offers
experiences across upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and
spiritual segments.
LTHL operates 130+ hotels across 80+ cities in India and abroad, with a growing pipeline
of 140+ upcoming properties. From metro hubs like Delhi-NCR, Mumbai, Bengaluru, and
Hyderabad to tier II & III cities such as Jaipur, Udaipur, Kochi, and Indore – and with an
international presence in Bhutan and Nepal – Lemon Tree Hotels delivers exceptional
comfort, consistent quality, and a warm, refreshing experience.
Since opening its first 49-room hotel in 2004, the group has grown to 270+ properties
(operational and upcoming), becoming a trusted name in hospitality for both business and
leisure travellers.
For more information, please visit www.lemontreehotels.com and connect with us on
Instagram, Facebook and LinkedIn.
Media Contact:
Isha Khanna
+91 9716181670
head_marketing@lemontreehotels.com