About Lemon Tree Hotels Limited 

Lemon Tree Hotels Limited is India’s largest mid-market hotel chain, founded in 2002, operating through a mix of owned, leased, managed and franchised properties across metros, tier-II and emerging cities . The Company offers a multi-brand portfolio spanning economy to upscale segments—Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels and Keys Lite by Lemon Tree Hotels . Its footprint is primarily pan-India, with a growing international presence that includes Nepal and Bhutan; the Group’s international expansion began with Lemon Tree Hotel, Dubai  . As on March 31, 2025, the Group had 111 operational hotels with 10,269 rooms and a development pipeline of 101 hotels with 6,847 rooms, crossing the milestone of 10,000 operational rooms during the year . As on the same date, the Company had 12 direct subsidiaries, 8 indirect subsidiaries and 3 associate companies.

Lemon Tree Hotels Limited Milestone 

Key milestones include the launch of multiple brands, a successful IPO, the acquisition of Keys Hotels, the Group’s first international foray in Dubai, and the operationalisation of Aurika, Mumbai Skycity—presented as the largest hotel in India by number of rooms on the Company’s timeline. 

Lemon Tree Hotels Key Management

• Patanjali Govind Keswani – Chairman & Managing Director
• Kapil Sharma – Chief Financial Officer
• Vilas Pawar – CEO – Managed and Franchised Division
• Sumant Jaidka – Senior VP – Ops & COO
• Davander Tomar – EVP – Corporate Affairs

Latest Updates on Lemon Tree Hotels 

• Network expansion: Achieved the milestone of crossing 10,000 operational rooms; 111 operational hotels (10,269 rooms) and a pipeline of 101 hotels (6,847 rooms) as on March 31, 2025.
• Combined network: 17,116 rooms across 212 hotels in 131 destinations (operational plus pipeline) by March 2025, progressing towards the CY28 target of 20,000 rooms. Capital structure: Long-term borrowings from banks/financial institutions reduced to Rs 22,802.67 Lakh (from Rs 29,901.69 Lakh in the previous year).
• Share-based plan: “LTHL Stock Appreciation Rights Scheme – 2024” approved by shareholders on September 26, 2024; up to 20,00,000 SAR units; vesting begins after two years; settlement in cash and equity as per the Scheme.
• Corporate structure: Arum Hotels Private Limited became an indirect subsidiary w.e.f. March 12, 2025.
• Recognitions: 54 of 86 eligible hotels received TripAdvisor Traveller’s Choice Awards 2024; the Company also featured in the Rotary DEI Award 2025.