NSEPress Release23 Oct 2026 · 23 Oct 2026, 09:58 pm
Press Release
Lemon Tree Hotels Limited · LEMONTREE
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Lemon Tree Hotels Limited has signed a License Agreement for Keys Lite by Lemon Tree Hotels, Bhilwara, a 63-room hotel in Rajasthan, managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
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Full Announcement
Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated October 23, 2026, titled "The Company has signed a License Agreement viz. Keys Lite by Lemon Tree Hotels, Bhilwara".
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October 23, 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 License Agreement viz. Keys
Lite by Lemon Tree Hotels, Bhilwara. The property shall be managed by Carnation
Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
This hotel will feature 63 well-appointed rooms, a restaurant, banquet, fitness centre,
meeting/conference room and other public areas.
Please find attached herewith the copy of the press release in this regard.
You are requested to take the above information on 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 SIGNS KEYS LITE BY LEMON TREE HOTELS,
BHILWARA
With this addition, the Group will have 14 operational and 10 upcoming hotels in
Rajasthan.
New Delhi, 23rd October, 2026: Lemon Tree Hotels Limited has announced the
signing of Keys Lite by Lemon Tree Hotels, Bhilwara, further strengthening
its presence in Rajasthan. The property will be managed by Carnation Hotels
Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
An important commercial centre in Rajasthan, Bhilwara is known for its textile
industry and growing business activity. The city also provides access to the
region’s cultural and heritage attractions, catering to both business and leisure
travellers.
The hotel will feature 63 well-appointed rooms, along with a restaurant, banquet
facilities, meeting/conference room, a fitness centre and other public areas. The
property will cater to the needs of business and leisure travellers, bringing the
brand’s value-driven hospitality offering to the city.
Commenting on the signing, Mr. Vishvapreet Singh Cheema, President,
Lemon Tree Hotels Ltd., said, "Rajasthan continues to be an important growth
market for us, defined by a strong mix of commercial dynamism and rich tourism.
Bhilwara, a key textile and industrial centre, presents a natural opportunity for
Keys Lite to cater to the rising demand for reliable, value-driven hospitality. This
signing scales our footprint to 24 hotels in the state and underscores our focused
approach to expanding across India’s key industrial hubs and emerging secondary
markets."
The hotel will be conveniently connected to key transport hubs. Bhilwara Railway
Station is approximately 1.5 km from the property, while Maharana Pratap Airport,
Udaipur, is approximately 148 km away.
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
+919716181670 | head_marketing@lemontreehotels.com