PE funds like Blackstone, GIC and others in talks for 25% stake in Lemon TreeCompany is currently expanding and building nine more hotels that will take its total room strength to around 4,600 over next two years.
01 Sep, 2016, 05.41 AM IST
Private equity funds eye 15% stake in Lemon TreeThe transaction is seen as a pre-IPO round of funding as the company is intend to go public by the last quarter of this fiscal 2017 or earl...
07 Jun, 2016, 03.20 AM IST
Lemon Tree looks to diversify to cushion cyclical hotel businessLemon Tree Hotels is looking at diversifying into vacation ownership and affordable housing to broaden revenue streams and cushion its hosp...
04 Feb, 2016, 05.01 AM IST
Lemon Tree Hotels gets 2015 Asian Human Capital AwardThe awards committee appreciated Lemon Tree for building effective strategies to mainstream Persons with Disability.
05 Oct, 2015, 04.50 PM IST
'India to train 4 million people with disabilities for employment'"We have a target to skill close to four million people with disability by 2022, and we are hopeful we will be able to achieve that," said ...
01 Oct, 2015, 04.11 PM IST
Dutch Fund raises stake to 13% in Lemon TreeLemon Tree had first signed a deal with APG in 2012 when the fund invested Rs 180 crore in the hotel chain. The fund also invested Rs 470 c...
18 Apr, 2014, 03.38 AM IST
- APG to acquire stake in Lemon Tree Hotels, forms joint venture
APG 'combined investment in the joint venture and the stake in Lemon Tree is worth Rs 650 cr, the Indian Hospitality chain said.
02 May, 2012, 06.31 PM IST
- Dutch PF manager APG invests Rs 650 crore in Lemon Tree Hotels; forms JV to build 35 hotels
APG will hold 47% shareholding in the joint venture-Fleur Hotels Pvt Ltd, while Lemon Tree will hold the balance 53%.
02 May, 2012, 04.20 AM IST
- Lemon Tree plans to open 100 hotels in India by 2020
Hospitality chain Lemon Tree Hotels today said it plans to open 100 hotels in India by 2020, with a total room capacity of 10,000.
05 Apr, 2012, 07.58 PM IST
- Lemon Tree, Warburg to invest Rs ,400 cr in housing projects
Hospitality firm Lemon Tree Hotels is foraying into real estate, with plans to invest over Rs 1,400 crore, to launch housing projects in In...
25 Apr, 2011, 05.31 AM IST
- Lemon Tree, Warburg to invest Rs 1,400 cr on housing projects
The first Lemon Tree hotel was opened in 2004 and since the inception in 2000, Rs 1,600 crore has been invested in the company.
24 Apr, 2011, 04.33 PM IST
- Just check in for a tangy experience
Patu Keswani shares his experience of building Lemon Tree Hotels around the country.
07 Apr, 2010, 12.07 AM IST
- Lemon Tree to invest over Rs 2,100 cr to set up 18 hotels
Lemon Tree Hotels plans to invest over Rs 2,100 crore to set up 18 hotels in the country in the next two years.
16 Apr, 2008, 01.24 AM IST
- Lemon Tree to set 18 hotels; will invest Rs 2,150 cr by 2011
In tune with its plan to become India's second largest hotel-chain, Delhi-based 'Lemon Tree' has earmarked a budget of Rs 2,150 crore for s...
15 Apr, 2008, 05.49 PM IST
- Lemon Tree plans to hive off assets
Hotel chain Lemon Tree is looking to transfer all its assets to a subsidiary company in which it will also seek private equity participatio...
06 Nov, 2007, 12.46 AM IST
- KMRF invests Rs 34 cr in Lemon TreeHotels
Kotak Mahindra Realty Fund on Wednesday announced Rs 32 crore investment in Lemon Tree Hotels, and Rs 2 crore in Red Fox Hotels of the same...
23 Aug, 2006, 10.40 PM IST
- Warburg picks up 27% in Lemon Tree
Private equity firm Warburg Pincus has picked up around 27% stake in Delhi-based mid-price range hotel chain, Lemon Tree, for Rs 280 crore.
01 Aug, 2006, 12.00 AM IST