Lemon Tree Hotels has informed that the Company’s wholly owned subsidiary Carnation Hotels has executed a Hotel Operating Agreement for operating and managing the property of 120 rooms at Vijayawada, Andhra Pradesh under the Company’s brand Lemon Tree Premier. The hotel is expected to be operational by March, 2021. The company attached copy of press release in this regard.
The above information is a part of company’s filings submitted to BSE.