This development underscores the company's commitment to a disciplined, asset-light growth strategy.

The company now boasts an operational portfolio of over 130 hotels, encompassing more than 11,000 keys across 80 destinations. This expansion is part of Lemon Tree Hotels' strategy to leverage a capital-efficient model, allowing for rapid scaling while ensuring operational consistency and strong partner alignment.

The growth was driven by a focus on high-growth urban markets, tier II and III cities, and emerging leisure destinations, reflecting a broader shift in travel demand across India. The company's expansion includes pilgrimage destinations like Tirupati, Ayodhya, and Somnath, emerging leisure markets such as Malshej Ghat, Khurpatal, and Barog, and industrial hubs like Bhilai, Rudrapur, and Mhow. This diverse presence positions Lemon Tree Hotels to capture demand across various travel occasions, including religious, leisure, and commercial.

Neelendra Singh, Managing Director of Lemon Tree Hotels Ltd., emphasised the company's mission to bridge a gap in India's midscale hospitality sector by delivering reliable, branded experiences. He noted that as the market matures, the company's growth focuses on expanding its core proposition across a wider geographic network, moving beyond the traditional six-city model to meet the needs of the Indian traveller.

The company's development pipeline is well-diversified across its brand architecture. The Lemon Tree Hotels brand led the momentum with 27 signings, reinforcing its position as a scalable mid-market leader. This was complemented by 9 signings under Lemon Tree Premier, strengthening the company's upper-midscale presence, while the Keys portfolio contributed 18 signings, reflecting sustained traction in value-driven segments. Selective additions under Aurika Hotels & Resorts and Lemon Tree Resort indicate a calibrated expansion into upscale and leisure-led destinations.

Operationally, the company demonstrated strong execution capability by opening 20 hotels during the year, with the Lemon Tree Hotels brand accounting for 12 of these openings. Lemon Tree Premier and Keys Lite each saw 3 openings, while Keys Select had 2. This consistent conversion of pipeline into operating assets strengthens the company's presence across key commercial corridors and emerging travel circuits.

This sustained expansion highlights Lemon Tree Hotels' ability to scale efficiently while maintaining brand integrity and operational rigor. With a strong and visible pipeline, a diversified brand portfolio, and a proven asset-light model, the company is well-positioned to deliver consistent, long-term growth in an evolving hospitality landscape.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).