New Delhi, India
Lemon Tree Hotels, established in 2002, is India's largest chain in the mid-priced hotels sector and the third-largest overall, as of Nov 30th 2023 as per the Horwath Report. The company operates 110+ hotels with 10,000+ rooms and employs over 7,200 employees. With a focus on freshness, spirit, and youthfulness, Lemon Tree Hotels offers seven distinct brands to cater to various hotel needs across different segments.
The brands include Aurika Hotels and Resorts (Upscale segment), Lemon Tree Premier (Upper Midscale segment), Lemon Tree Hotels (Midscale segment), Red Fox Hotels (Economy segment), Keys Prima (Upper Midscale segment), Keys Select (Midscale segment), and Keys Lite (Economy segment).
Although the specific location of the headquarters and the details of the last investment and investors are not available, the company's significant presence and operations showcase its prominence in the Entertainment, Hospitality, Travel, and Tourism industries.
Overall, Lemon Tree Hotels has demonstrated substantial growth and potential within the hospitality sector, making it an intriguing prospect for venture capitalists seeking investment opportunities in the Indian hospitality market.
