NSEPress Release6d ago · 13 Aug 2026, 05:54 pm
Press Release
Lemon Tree Hotels Limited · LEMONTREE
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Lemon Tree Hotels Limited has signed a License Agreement for Lemon Tree Premier, Visakhapatnam, a 110-room hotel 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 August 13, 2026, titled "The Company has signed a License Agreement viz. Lemon Tree Premier, Visakhapatnam".
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August 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 License Agreement
viz. Lemon Tree Premier, Visakhapatnam. The property shall be managed by
Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels
Limited.
The Hotel will feature 110 well-appointed rooms, a restaurant, banquet hall,
meeting/conference room, fitness center, swimming pool and spa.
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
LEMON TREE PREMIER, VISAKHAPATNAM
Marks the group’s 3rd property in the city and 13th in the state of Andhra Pradesh
New Delhi, 13th August, 2026: Lemon Tree Hotels Limited, one of India's
leading hospitality companies, today announced the signing of Lemon Tree
Premier, Visakhapatnam. The property will be managed by Carnation Hotels
Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited.
The signing expands the group’s footprint in Andhra Pradesh, where its portfolio
now includes six operational hotels and seven upcoming properties. Lemon Tree
Premier introduces an upscale offering to Visakhapatnam, complementing the
group’s existing footprint in the city which includes the Keys Select by Lemon Tree
Hotels in Daba Gardens and Keys Lite by Lemon Tree Hotels in Gajuwaka.
Located in Visakhapatnam, a prominent commercial, industrial and leisure
destination in Andhra Pradesh, the hotel will feature 110 well-appointed rooms,
along with a restaurant, banquet hall, meeting/conference room, fitness centre,
swimming pool and spa. Designed to cater to both business and leisure travellers,
the property will offer a contemporary and comfortable stay experience,
complemented by facilities suited to meetings, events and leisure stays.
Commenting on the signing, Mr. Vishvapreet Singh Cheema, President,
Lemon Tree Hotels Ltd., said, “Visakhapatnam is a key economic centre and a
thriving tourism destination in Andhra Pradesh, driving strong demand across
corporate, leisure and MICE segments. We already operate two hotels here in the
midscale and economy segments under KEYS brand portfolio. Adding our upscale
offering with Lemon Tree Premier, Visakhapatnam allows us to capture a broader
spectrum of demand, while deepening our footprint in a high-growth market.”
The hotel will benefit from connectivity to key transportation hubs. Visakhapatnam
International Airport is approximately 39 km from the property and can be reached
in around 1 hour and 25 minutes. The hotel is also well connected by road through
public and private transport from major cities across India, offering convenient
access for both business and leisure travellers.
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