April 25, 2022

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East)

Mumbai - 400 051

Name of Scrip: LEMONTREE

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001

BSE Scrip Code: 541233

Sub:

Disclosure

under

Regulation

Requirements) Regulations, 2015

Dear Sir

30 of SEBI

(Listing Obligations

&

Disclosure

With reference to the captioned subject, we would like to inform you that the Company has signed a License Agreement for a 60 room hotel at Kharar, near Chandigarh under the

Company's

brand "Lemon

November, 2025.

Tree Hotel". The hotel is expected to be operational by

Carnation Hotels Private Limited, a subsidiary and the hotel management arm of the Company will be operating and marketing this hotel.

Please find attached herewith the copy of the press release.

Further, it is hereby informed that Franchise License Agreement of Keys Lite by Lemon Tree Hotels, Apple Nest, Manali (22 room Hotel) has been terminated with mutual consent of the parties.

Please take the above intimation on record.

Thanking you,

NikhikSethi "sc _>

Ne

AVP Légal & Group Company Secretary And Compliance Officer

Lemon Tree Hotels Limited

(CIN No. L74899DL1992P1.C049022)

Registered Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037

T +91 11 4605 0101 | F +91

11 46050110 | Ehi@lemontreehotels.com

Central Reservation: +91 9911 701

701 |www.lemontreehotels.com

Lemon Tree Hotels signs a new property in Kharar near

Chandigarh

New Delhi, 25 April 2022: Lemon Tree Hotels Limited announced its latest hotel signing - Lemon Tree Hotel, Kharar, near Chandigarh. This hotel, owned by M/s Omni Pacific Colonisers Pvt. Ltd. is expected to open by November 2025, and shall

be

Hotels Private

the

arm

Limited.

of

Positioned in the urban region of Punjab, it is among the 4 blocks

managed by Carnation of Lemon Tree Hotels

Limited, a subsidiary and

management

Sahibzada Ajit

Singh Nagar district. Kharar is a fast-growing business and cultural hub in Punjab

that has many tourist attractions to explore.

From

Gurudwaras

and temples to

amusement parks, gardens, lakes, and sanctuaries, the city has everything to delight a traveler.

Located in the Mohali region, this property will feature 60 well-appointed rooms, complemented by a multi-cuisine restaurant and a bar. It will also have a conference room, banquet facility, a spa and a fitness centre for recreation.

Speaking on the occasion, Mr. Vikramjit Singh, President, Lemon Tree Hotels, commented, "We are delighted to expand our reach in Punjab with our valued partner M/s Omni Pacific Colonisers Pvt. Ltd. This state holds immense business and tourism potential, and is a preferred destination for both business and leisure travellers. With our widespread reach, we feel that this hotel will add value to our customers.

ABOUT LEMON TREE HOTELS LIMITED

Lemon Tree Hotels Limited is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017, according to the Horwath Report. We operate in the upscale segment and in the mid-market sector, consisting of the upper-midscale, midscale and economy segments. We deliver differentiated yet

superior service offerings, with

a value-for-money proposition.

operates ~8,350 rooms in 85 hotels across 52 destinations, in India and under its various brands viz. Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels, Keys Prima, Keys Select and Keys Lite. As the current pipeline becomes operational, ~10,600 rooms in 108 hotels across 64 destinations, in India and abroad shall be operated under the LTHL brands.

LTHL opened its first hotelwith 49 rooms in May 2004

and currently abroad,

Lemon Tree Hotels, including Keys Hotels, are located across India, in metro regions including the NCR, Mumbai, Kolkata, Bengaluru, Hyderabad and Chennai, as well as numerous other tier I and II cities such as Pune, Ahmedabad, Chandigarh, Jaipur,

Indore,

Aurangabad,

Udaipur,

Vishakhapatnam,

Kochi,

Ludhiana,

Thiruvananthapuram and Vijayawada.The company expanded internationally with

hotels

opening in Dubai in December 2019 and in Bhutan in February 2020. New

hotels are also set to open internationally in Bhutan and Nepal.

To know more, visit lemontreehotels.com | aurikahotels.com | keyshotels.com

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Lemon Tree Hotels Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 13:28:03 UTC.