Moral of the story: companies don’t have to own hotels to run them well anymore. Lemon Tree Hotel’s management made the case Thursday for its recent restructuring plan, arguing that owning hotels and ...

Patu Keswani likes to talk about Howard Hughes, the late American billionaire businessman, maverick moviemaker and aviator. Hughes was 18 when his father died and left him a fortune of about a million ...

More Indians are checking into hotels than ever before. It isn’t just the Taj or Oberoi. It’s the family from Indore driving to Udaipur, or the small business owner flying to Pune for a meeting. This ...

Lemon Tree wants investors to value its management business for its fee income and margins, rather than the debt and depreciation that accompany hotel ownership. Lemon Tree Hotels shares jumped 4% ...

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Revenue: Highest ever Q2 revenue at 308 crores, up 8% year on year. Net EBITDA: Grew 1% to 132.4 crores with a margin of 43%, decreased by 306 BPS year on year. Occupancy Rate: 69.8%, an increase of ...

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India-based Lemon Tree Hotels has confirmed that its board has approved the acquisition of a 41.09% stake in its subsidiary Fleur Hotels by Warburg Pincus, which will involve an investment of Rs9.6bn ...

Lemon Tree Hotels announced the signing of its latest property, Keys Select by Lemon Tree Hotels, Chitrakoot, Uttar Pradesh (UP), strengthening its presence in the state.