Lemon Tree Hotels Ltd - 541233 - Ref: Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
With reference to the captioned subject, we would like to inform that the Company has signed a License Agreement for a 50 room resort property located at Dindi, East Godavari Dist., Andhra Pradesh under the Company's brand 'Lemon Tree Premier'. The Hotel is expected to be operational by March, 2021. Carnation Hotels Private Limited, the hotel management arm of the Company will be operating and marketing this hotel.10-01-2019