Article · Wikipedia archive · Last revised Jul 19, 2026

Lemon Tree Hotels

Lemon Tree Hotels is an Indian hotel chain. It owns and operates 130+ hotels, 11,700+ rooms and 80+ cities.

Last revised
Jul 19, 2026
Read time
≈ 2 min
Length
372 w
Citations
8
Source
Wikipedia ↗
Lemon Tree Hotels Ltd.
TypePublic
NSE: LEMONTREE
BSE: 541233
IndustryHospitality
Founded2002
FounderPatu Keswani
Headquarters6, Aerocity Hospitality District, New Delhi, 110037,
India
Number of locations
100 hotels (2024)1
Area served
India, Bhutan, Nepal
Key people
Neelendra Singh (MD)
WebsiteLemon Tree Hotels

Lemon Tree Hotels is an Indian hotel chain. It owns and operates 130+ hotels, 11,700+ rooms and 80+ cities.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

History

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 ₹ 600 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 Limited went public and was listed on the National Stock Exchange of India and Bombay Stock Exchange on 9 April 2018.7

Operations

A Lemon Tree hotel in Aurangabad source ↗

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

References

References

  1. "Lemon Tree Hotels launches its 100th property with the opening of Lemon Tree Premier Malad Mumbai". The Economic Times-The Times of India. Retrieved 17 December 2023.
  2. "Lemon Tree Hotels News - Lemon Tree Hotels Announcement, Latest News on Lemon Tree Hotels". The Economic Times. Retrieved 15 January 2024.
  3. "Lemon Tree Hotels launches its eighth property in Uttarakhand with Lemon Tree Hotel, Mukteshwar - ET HospitalityWorld". ETHospitalityWorld.com.
  4. "Lemon Tree Hotels founded in September 2002 by Patu Keswani - Times of India". The Times of India. Retrieved 23 August 2018.
  5. "IPO : Issues Open Now >> Lemon Tree Hotels Ltd. : Services". moneycontrol.com. Retrieved 23 August 2018.
  6. Mohile, Shally (1 July 2019). "Lemon Tree to buy Keys Hotels for Rs 471 cr, deal likely in two months". Business Standard. Retrieved 23 March 2020.
  7. Verma, Swati (9 April 2018). "Lemon Tree Hotels makes decent debut, lists at 10% premium over issue price". The Economic Times. Retrieved 23 August 2018.
  8. "Lemon Tree Hotels Plans To Expand Betting On Growing Demand". BloombergQuint. Retrieved 23 August 2018.