Signed a License Agreement - Lemon Tree Hotels Ltd

Code BSE: 541233 NSE:

has signed a License Agreement viz. Lemon Tree Hotel, Gorakhpur, Uttar Pradesh. The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited This hotel will feature 76 well-appointed rooms, a restaurant, banquet hall, meeting room, spa, swimming pool and a fitness center. Commenting on the signing, Mr. Vilas Pawar, CEO – Managed & Franchise Business, Lemon Tree Hotels, said: “Gorakhpur is an important gateway city in Eastern Uttar Pradesh with increasing economic and travel activity. This signing aligns with our strategy of expanding into high-potential regional centres where we see sustained demand for branded hospitality. We look forward to offering our signature warm service and comfortable stay experience to guests visiting the city.”