ALFA Filings
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Lemon Tree Hotels has mutually terminated its operating and license agreements with PRM Tirupati Pvt. Ltd. for a proposed hotel in Agartala, Tripura. As the hotel was not yet operational, the termination has no financial impact on the company.
Lemon Tree Hotels received CCI approval for Coastal Cedar Investments BV to acquire equity shares in Fleur Hotels Limited. The approval also covers an internal group restructuring involving amalgamation and demerger. This regulatory milestone is a key step toward completing the proposed transactions.
Lemon Tree Hotels has signed a license agreement for a new 98-room hotel in Simara, Nepal. Managed by its subsidiary Carnation Hotels, this marks the brand's 7th property in Nepal. The expansion targets high-growth transit hubs and strengthens the company's regional presence in the maturing Nepalese tourism sector.