December 17, 2014 4:10 PM ET

Hotels, Restaurants and Leisure

Company Overview of Lemon Tree Hotels Limited

Company Overview

Lemon Tree Hotels Limited owns and operates a chain of upscale, midscale, and economy business and leisure hotels in India. The company’s hotels’ amenities include rooms, cafés, outdoor pool, bar and fitness, restaurants, cyber kiosk, and gym; meetings, events, and conferences facilities; and banquets. It also operates resorts; and offers hotel management services to other luxury hotel brands. Lemon Tree Hotels Limited was incorporated in 1992 and is based in New Delhi, India. It has hotel locations in Ahmedabad, Aurangabad, Bengaluru, Chandigarh, Chennai, Gurgaon, Goa, Hyderabad, Indore, Jaipur, Muhamma, Mumbai, Dehradun, Shimla, Udaipur, New Delhi, and Pune, India.

Asset No. 6

Aerocity Hospitality District

IGI Airport

New Delhi,  110037

India

Founded in 1992

Phone:

91 11 4605 0101

Fax:

91 11 4605 0110

Key Executives for Lemon Tree Hotels Limited

Chairman and Managing Director
President and Executive Director
Chief Financial Officer
Chief Operating Officer
Executive Vice President of Corporate Affairs
Compensation as of Fiscal Year 2014.

Lemon Tree Hotels Limited Key Developments

Lemon Tree Hotels Ties Up with Assotech Realty

Lemon Tree Hotels Group announced a tie-up with Assotech Realty to manage and operate the latter’s upcoming Sandal Suites Serviced Residences project in Assotech Business Crestera in Noida. With this, Lemon Tree enters a new segment in hospitality business, and the company, through its subsidiary Carnation Hotels, will act as strategic partner for design consultancy in the initial phase of the project and then later run day-to-day operations. The 210-keys serviced residences project in Noida will be part of a mix-use development of 1.5 billion sq ft consisting of office spaces, high street retail, banquet and conferencing, food court, private clubs, among others.

Lemon Tree Mulls IPO

The Lemon Tree Hotel Company is seeking to launch its initial public offering (IPO). Patu Keswani, Chairman and Managing Director of The Lemon Tree Hotel, indicated that Lemon Tree is eyeing an IPO in the next two years.

The Lemon Tree Hotel Company Presents at Hotel Investment Forum India, Jan-15-2014 11:30 AM

The Lemon Tree Hotel Company Presents at Hotel Investment Forum India, Jan-15-2014 11:30 AM. Venue: The Leela Ambience Gurgaon Hotel and Residences, Delhi (N.C.R.), India. Speakers: Rattan Keswani, Deputy Managing Director.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 15, 2014
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