Lemon Tree Hotels has received the necessary approval from the Competition Commission of India (CCI) to proceed with the acquisition of a stake in Fleur Hotels, marking a significant step forward in their restructuring process through amalgamation and demerger.

Lemon Tree Hotels has received approval from the Competition Commission of India (CCI) for the acquisition of Fleur Hotels' stake, marking a step towards a planned group restructuring through merger and demerger processes.

Lemon Tree Hotels will announce their Q4 and FY26 audited financial results on May 28, 2026. A board meeting has been scheduled for this purpose. Until 48 hours after the results are announced, a trading window for designated persons will remain closed.

Hotel stocks such as IHCL, Chalet, and Lemon Tree experienced a 2% decline due to Prime Minister Modi's call for citizens to focus on domestic tourism instead of international travel. This push aims to stimulate the local economy, minimize foreign exchange outflow, and support hospitality firms targeting the domestic market in response to global uncertainties.

QE Securities has purchased approximately 4.16 million shares of Lemon Tree Hotels at an average price of Rs. 123.08, signifying a potential bullish stance on the hospitality company's stock.

Lemon Tree Hotels achieved a significant growth milestone in the fiscal year 2026, adding 56 new hotel signings and opening 20 properties, reaching over 130 operational hotels. In Q3 of FY26, revenue jumped by 14.3% year-on-year to INR 406.05 crore, with net profit also showing a marginal increase.

Lemon Tree Hotels' subsidiary has been issued a significant tax demand of approximately INR 46.4 crore according to the CGST Act, spanning from fiscal years 2020-2024. The company is currently investigating potential legal avenues in response to this demand.

Lemon Tree Hotels has terminated its management agreement for the Tirupati hotel with PRM Tirupati and Carnation Hotels, concluding a business relationship between the parties.

The Competition Commission of India (CCI) has given approval for Warburg Pincus' acquisition of a significant stake in Fleur Hotels, paving the way for its expansion to over 5,800 rooms across 41 hotels. The company is planning to list on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).