Lemon Tree Hotels Acquisition Worth ₹120 Cr
Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired land in Bandra, Mumbai, for Rs. 120 Crore to develop a hotel. This acquisition expands the company's property footprint.
- Value
- ₹120.0 Cr
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Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired land in Bandra, Mumbai, for Rs. 120 Crore to develop a hotel. This acquisition expands the company's property footprint.
Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired a land parcel in Bandra, Mumbai, for ₹120 Crore to develop a new 172-key hotel property.
Lemon Tree Hotels signed a license agreement for a new hotel in Patancheru, Telangana, adding 90 rooms to its portfolio and expanding its regional presence.
Lemon Tree Hotels received 'no objection' observation letters from NSE and BSE regarding its proposed Composite Scheme of Arrangement involving its subsidiaries.
Lemon Tree Hotels appointed Mr. Patanjali Govind Keswani as Non-Executive Non-Independent Director and Chairperson, effective April 1, 2027.
Lemon Tree Hotels held its 34th Annual General Meeting on September 18, 2026, via video conferencing. The proceedings covered the adoption of financial statements and director appointments.
Lemon Tree Hotels Limited has announced the opening of a new hotel, Keys Lite by Lemon Tree Hotels, Moga, in Punjab. This property features 33 rooms.
Lemon Tree Hotels' subsidiary Arum Hotels will issue 49% stake to RJ Corp, forming a Joint Venture for the Aurika Shillong project.
Lemon Tree Hotels' subsidiary, Carnation Hotels, entered a JV with RJ Corp. RJ Corp acquires a 49% stake in Arum Hotels for ₹4.77 Crore.
Lemon Tree Hotels' subsidiary, Carnation, executed a Joint Venture Agreement with RJ Corp for the Aurika Shillong project. Arum Hotels will now be a joint venture.
Lemon Tree Hotels' subsidiary, Berggruen Hotels, received a GST demand notice from the Bengaluru tax authorities. The total tax, interest, and penalty amounts to ₹5.63 Crore.
Nomura's India Investment Fund sold 15,869,284 Lemon Tree Hotels shares, lowering its stake to 3.075% from 5.078%. The SAST Reg 29(2) disclosure states no transaction value.
Lemon Tree Hotels signed two license agreements for new properties in Bodhgaya, adding 145 rooms to its portfolio. The company also announced the de-flagging of one hotel.
Lemon Tree reported Q1 FY27 revenue of Rs. 346.8 Cr (up 9% YoY) and PAT of Rs. 57.3 Cr (up 19% YoY). Strategy shifts toward asset-light management fee growth and demerging Fleur Hotels.
Lemon Tree reports 9% revenue growth but faces margin compression due to GST impacts and heavy renovation spend. Management is pivoting to an asset-light model and a major demerger to separate ownership from management.
Lemon Tree Hotels reported Q1 FY27 revenue of ₹346.8 Cr (up 9% YoY) and Net EBITDA of ₹151.9 Cr (up 7% YoY). Strategy focuses on asset-light expansion and renovating existing inventory.
Lemon Tree Hotels Ltd reported revenue from operations of ₹344.6 Cr (+9.1% YoY) and net profit of ₹57.3 Cr (+19.1% YoY) for Q1 FY27.
Lemon Tree Hotels reported record FY26 results with 13% revenue growth. The company is undergoing a demerger to create a pure-play asset-light management entity and a separate hotel ownership platform (Fleur).
Lemon Tree posted record FY26 results but faced Q4 margin pressure from aggressive renovation spends and GST changes. The narrative focuses on the impending demerger into asset-light and asset-heavy entities to unlock value.
Lemon Tree Hotels reported record FY26 results with Revenue up 13%, EBITDA up 10%, and PAT up 19%. Management focused on asset-light expansion and renovating the owned portfolio.
Lemon Tree Hotels Ltd reported revenue from operations of ₹416.4 Cr (+10.0% YoY) and net profit of ₹116.5 Cr (+7.8% YoY) for Q4 FY26.