Lemon Tree Hotels

Lemon Tree Hotels
Industry Hospitality
Founded 2002
Founder Patu Keswani
Headquarters Asset No. 6, Aerocity Hospitality District, New Delhi,110037, India
Number of locations
 50 hotels (2018)[1]
Area served
 India
Website https://www.lemontreehotels.com/

Lemon Tree Hotels is a hotel chain company based in India. It is India’s largest hotel chain in the mid-priced hotel sector, and the 3rd largest overall, in terms of controlling interest in owned and leased rooms, as of June 30, 2017, according to the Horwath Report[2].[3][4][5][6][7][8]

The company owns and operates 50 hotels[9] with over ~5000 rooms in 31 cities of India till date. Lemon Tree Hotels was founded by Patanjali (Patu) Keswani [10]. This award winning Indian hotel chain opened its first hotel with 49 rooms in May 2004[11].

The company operates under 3 brands: Lemon Tree Premier (upper midscale), Lemon Tree Hotels (midscale) & Red Fox by Lemon Tree Hotels (economy)[12].

In India, its hotels are located in major destinations such as Alwar, Ahmedabad, Aurangabad, Bengaluru, Baddi, Bandhavgarh, Bhiwadi, Chandigarh, Chennai, Coimbatore, Corbett, Dehradun, Delhi, Goa, Gurgaon, Ghaziabad, Hyderabad, Indore, Jaipur, Katra, Jammu and Kashmir, Kerala, Manesar, Noida, Patna, Pune, Gangtok, Siliguri, Srinagar, Tiruchirappalli and Vadodara,.

Lemon Tree Hotels plans to expand its portfolio to 8200 rooms by 2021.[13] Hotels are currently under development in Mumbai, Pune, Dehradun, Kolkata, Shimla and Udaipur.[14][15] The company is also developing a 671 room hotel adjoining the Mumbai International airport. When ready (2021), it will be India’s largest hotel by number of rooms.

Lemon Tree Hotels went public in early 2018 and listed on the National Stock Exchange of India on 9th April 2018.

Corporate Social Responsibility (CSR)

Employees With Disabilities

Currently, 20% of group employees are from this segment of the population.[16] Lemon Tree has also developed a standard process to induct people with disabilities into its entire hotels pan India. Lemon Tree Hotels believes in being an equal opportunity employer and has been recognized on various platforms for its work towards employing differently abled.[17]

Pooch Policy

Lemon Tree Hotels adopts a stray dog at each of its hotels across India. We name the dog, inoculate it and feed it well. Based on the personality of the dog, he/she is assigned a ‘fun’ role in the hotel and this brings joy to employees and guests alike.

The Lemon Tree Hotel Company also adopts street dogs that are cared for by the Lemon Tree team. A supporter of the NGO PETA (People for Ethical Treatments of Animals), each of its hotels in India has an adopted dog mascot. It is the largest corporate adopter of stray dogs in India.[18]

References

  1. ↑ "Lemon Tree Hotels to invest Rs 600 crore by next fiscal end". The Economic Times-The Times of India. Retrieved 30 November 2014.
  2. ↑ Verma, Swati (2018-04-09). "Lemon Tree Hotels makes decent debut, lists at 10% premium over issue price". The Economic Times. Retrieved 2018-08-23.
  3. ↑ "Lemon Tree Hotels files for IPO; Warbug Pincus to partially exit". VCCircle. 2017-09-21. Retrieved 2018-08-23.
  4. ↑ "Lemon Tree Hotels' Audacious Plan | Forbes India". Forbes India. Retrieved 2018-08-23.
  5. ↑ "Lemon Tree Hotels enters Vadodara". The Hindu Business Line. February 3, 2015. Retrieved June 5, 2015.
  6. ↑ "Forbes India Magazine - Lemon Tree Hotels' Audacious Plan". Forbes.
  7. ↑ "Lemon Tree to come up with mega hotel project in Mumbai". The Financial Express.
  8. ↑ Ruchika Chitravanshi (5 April 2014). "Lemon Tree Hotels eyeing luxury sector". Business Standard.
  9. ↑ "Lemon Tree Hotels News - Lemon Tree Hotels Announcement, Latest News on Lemon Tree Hotels". The Economic Times. Retrieved 2018-08-23.
  10. ↑ "Lemon Tree Hotels founded in September 2002 by Patu Keswani has acquired the erstwhile 130-room Clarion Hotel in Whitefield, Bangalore for Rs 64 crore in an all cash deal. An additional Rs 11 crore will be spent on renovating and rebranding.  "As the dominant player in the mid-market hotel segment, Lemon Tree Hotels is currently the third largest hotel owner in India, with over 2,850 operating rooms and another 1,200 under development," said Patu Keswani, chairman and  MD, The Lemon Tree Hotel Company.  - Times of India". The Times of India. Retrieved 2018-08-23.
  11. ↑ "IPO : Issues Open Now >> Lemon Tree Hotels Ltd. : Services". www.moneycontrol.com. Retrieved 2018-08-23.
  12. ↑ "Lemon Tree Hotels Plans To Expand Betting On Growing Demand". BloombergQuint. Retrieved 2018-08-23.
  13. ↑ "Lemon Tree Hotel on big expansion drive, to invest Rs. 600 cr, mulls IPO". Hindu BusinessLine-The Hindu. Retrieved 18 December 2014.
  14. ↑ [Lemon Tree pumps in ₹1,000 cr to ramp up room capacity "Lemon Tree Hotel on big expansion drive, to invest Rs. 600 cr, mulls IPO"] Check |url= value (help). Hindu BusinessLine-The Hindu. Retrieved 18 December 2014.
  15. ↑ "Lemon Tree to come up with mega hotel project in Mumbai". Financial Express-The Indian Express. Retrieved 2 January 2015.
  16. ↑ https://nasscomfoundation.org/get-engaged/nasscom-social-innovation-forum/past-winners/winners-2015/lemon-tree-hotel.html
  17. ↑ "Lemon Tree wins 'Best Employer' National Award – Hotelier People". HotelierIndia.com. Retrieved 2016-12-01.
  18. ↑ "Travel Trends Today". Traveltrendstoday.in. 2016-08-10. Retrieved 2016-12-01.


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