Expect improvement in occupancy vis-a-vis the previous year from Q2: Patanjali G Keswani, Lemon Tree HotelsWhile you can say that in spite of heat it was decent performance, I am looking at trend lines and I expect the catch up will happen really...
25 Jun, 2024, 01.30 PM IST
Lemon Tree to branch out, open 30 new hotels this yearPatanjali Keswani, chairman and MD of Lemon Tree Hotels told ET in an interview that this year's expansion will include the opening of a Le...
07 Feb, 2024, 06.06 PM IST
Vikramjit Singh resigns as president of Lemon Tree HotelsLemon Tree Hotels announced in a regulatory filing that Vikramjit Singh, the company's president, has resigned to pursue entrepreneurial en...
29 Nov, 2023, 07.26 PM IST
Buy Lemon Tree Hotels, target price Rs 99: ICICI SecuritiesLemon Tree Hotels, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7688.75 Crore) operating in Tourism & Hos...
20 Jun, 2023, 10.20 AM IST
Buy Lemon Tree Hotels, target price Rs 82: ICICI SecuritiesLemon Tree Hotels, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6064.65 Crore) operating in Tourism & Hos...
11 Apr, 2023, 09.24 AM IST
Buy Lemon Tree Hotels, target price Rs 132: ICICI SecuritiesThe brokerage believes that the company is on track to meet its FY23 guidance of revenues growing 100% YoY to Rs8.0bn at an EBITDA margin o...
23 Mar, 2023, 10.33 AM IST
Buy Lemon Tree Hotels, target price Rs 115: Motilal Oswal Financial ServicesLemon Tree Hotels, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5811.13 Crore) operating in Tourism & Hos...
23 Feb, 2023, 10.05 AM IST
Varun Beverages: Two entities settle insider trading case with SebiThe regulator had conducted an investigation in the matter to ascertain whether certain entities have traded in the scrip of Varun Beverage...
26 Jul, 2022, 08.09 PM IST
Varun Beverages' Jaipuria settles insider trading case with Sebi; pays Rs 56 lakhThe latest order came after Jaipuria approached Sebi to settle the proceedings initiated against him for the alleged violation "without adm...
22 Jun, 2022, 01.49 PM IST
Lemon Tree Hotels avoiding pre approved fund raising options for nowIn financial year 2022, Lemon Tree intends to open 8 new hotels across 8 cities with 511 rooms.
08 Sep, 2021, 01.07 PM IST
Lemon Tree Hotels acquires Berggruen Hotels and the brand ‘Keys Hotels’Keys Hotels are present in 16 cities including Aurangabad, Bengaluru, Calicut, Chennai, Goa, Gurugram, Kochi, Kolhapur, Ludhiana, Mahabales...
09 Nov, 2019, 03.50 PM IST
Lemon Tree Keys deal is economically lucrative: Lemon Tree Hotels Chairman Patu KeswaniET had reported previously that entities such as Oyo had expressed interest in acquiring Keys Hotels, a mid-market chain that owns and oper...
15 Mar, 2019, 10.07 AM IST
Lemon Tree Hotels to have 12,000 rooms in inventory by 2021-endBesides India, the other markets that the company is looking at include Thimphu (Bhutan), Dubai and Kathmandu (Nepal).
17 Feb, 2019, 12.37 PM IST
Lemon Tree Hotels climbs 12% on forming JV with Warburg Pincus affiliateThe affiliate of Warburg Pincus and Lemon Tree Hotels will hold 68 per cent and 30 per cent stake, respectively in the JV.
28 Dec, 2018, 10.25 AM IST
Lemon Tree Hotels and Warburg Pincus enter into a JV to form a co-living platformThe JV partners will initially invest Rs 1,500 crore in equity over a period of time.
27 Dec, 2018, 10.34 PM IST
Going forward, there will be 2-4 players in mid market hotel space: Patanjali Keswani, Lemon Tree“Competition would continue but it is not likely to be destructive in any way.”
26 Mar, 2018, 04.43 PM IST
Rahul Pandit appointed as CEO of Ginger HotelsDeepika Rao, the current interim CEO, will be joining the Finance Department of Taj Hotels to head Asset Management, reporting to the CFO, ...
04 Jun, 2015, 11.13 PM IST