Company type | Public |
---|---|
NSE: LEMONTREE BSE: 541233 | |
Industry | Hospitality |
Founded | 2002 |
Founder | Patu Keswani |
Headquarters | 6, Aerocity Hospitality District, New Delhi, 110037, India |
Number of locations | 100 hotels (2024) [1] |
Area served | India, UAE, Bhutan |
Website | Lemon Tree Hotels |
Lemon Tree Hotels is an Indian hotel chain. It owns and operates 100 hotels with a total of 9700 rooms in 64 cities across India. [2]
According to the Horwath Report, Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector as of 30 June 2017. [3]
Lemon Tree Hotels was founded in 2002 by Patu Keswani. [4] It opened its first hotel with 49 rooms in May 2004. [5]
In 2019, the company acquired Berggruen Hotels Private Limited for an enterprise value of ₹ 605 crores. At the time of acquisition, Berggruen Hotels owned 936 rooms and managed 975 rooms under the "Keys" brand in 21 cities across India. [6]
Lemon Tree Hotels went public and was listed on the National Stock Exchange of India on 9 April 2018. [7]
The company operates under 7 brands, namely Aurika Hotels and Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox by Lemon Tree Hotels, Keys Prima, Keys Select, and Keys Lite. [8]
Currently, about 20% of group employees are from deprived and disabled segments of the population. [9] [10]
All Lemon Tree Hotels adopt a stray dog from that area and make it a mascot. Stray dogs are groomed and given specific duties in the hotels. [11] It is the largest corporate adopter of stray dogs in India. [12]
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