Lemon Tree Hotels Ltd Tree has signed a MoU

Lemon Tree Hotels have singed this MoU with Omaxe Limited to operate 4,000 keys Commenting on this signing, Mr. Neelendra Singh, Managing Director, Lemon Tree Hotels Limited, said, “Tier-2 and Tier-3 cities have long been central to our India growth strategy, and this operating arrangement lets us scale it faster, from transit hubs in Lucknow to temple towns like Vrindavan. Omaxe brings nearly four decades of real estate development experience across these markets, while Lemon Tree brings over two decades of hospitality expertise and guest trust. This alliance combines developer scale with operating strength, and two trusted Indian brands with a proven record of execution, to build the next phase of growth. This will accelerate Lemon Tree Hotels’ asset-light growth strategy, enabling the Company to expand its managed portfolio across diverse markets and asset formats.” Opinion : This will ahve positive impact on the stock price. Disclaimer : i do not hold this stock. This is not a buy,sell or hold recommendation.