Lemon Tree Hotels Expands Portfolio to 269 Properties with 56 New Signings and 20 Openings in FY 2025-26

Lemon Tree Hotels Expands Portfolio to 269 Properties with 56 New Signings and 20 Openings in FY 2025-26​

Lemon Tree Hotels Ltd., India's leading mid-priced hotel chain, reported significant growth in its portfolio during the fiscal year 2025-26. The company achieved this momentum through 56 new signings and the opening of 20 hotels, reinforcing its transition toward a disciplined, asset-light growth model.

The company's active operational portfolio now exceeds 130 hotels, managing over 11,000 keys across 80 destinations. This capital-efficient strategy allows Lemon Tree Hotels to scale rapidly while maintaining strong operational consistency and partner alignment.

The expansion saw a clear focus on high-growth urban markets, Tier II and Tier III cities, and emerging leisure destinations. The company's presence spans diverse travel circuits, including major pilgrimage spots like Tirupati, Ayodhya, and Somnath, as well as emerging leisure markets such as Malshej Ghat, Khurpatal, and Barog, alongside infrastructure-led hubs like Bhilai, Rudrapur, and Mhow. This diversity positions Lemon Tree Hotels to capture demand across religious, leisure, and commercial travel occasions, especially in areas where branded hospitality remains underserved.

Neelendra Singh, Managing Director of Lemon Tree Hotels Ltd., stated that the company is focused on scaling its core proposition across a wider geographic network. He noted that the Indian traveler's presence is now widespread, and the network is expanding to meet them where they are, all while maintaining the brand's discipline and consistency.

Pipeline Diversification Drives Growth​

The development pipeline remained well-diversified across Lemon Tree Hotels’ brand architecture. The core Lemon Tree Hotels brand spearheaded the signings with 27 new agreements, solidifying its role as a scalable mid-market leader. This was supported by 9 signings under Lemon Tree Premier, boosting the upper-midscale presence, and 18 signings contributed by the Keys portfolio, reflecting sustained traction in value-driven segments. Furthermore, selective additions under Aurika Hotels & Resorts and Lemon Tree Resort indicate a calibrated expansion into upscale and leisure-led destinations.

On the operational side, the company demonstrated strong execution by opening 20 hotels during the year. The opening count was distributed across brands: Lemon Tree Hotels accounted for 12 openings, while Lemon Tree Premier and Keys Lite each contributed 3 openings, and Keys Select added 2 operational assets.

Portfolio Snapshot​

As of March 31, 2026, the total portfolio stands at 269 properties, comprising 131 operational hotels and 138 properties in the pipeline.


The total portfolio expansion underscores Lemon Tree Hotels' ability to scale efficiently while preserving brand integrity and operational rigor. With a strong and visible pipeline and a diversified brand mix, the company is positioned for consistent, long-term growth in the evolving hospitality sector.

Lemon Tree Hotels Limited (LTHL) operates across seven distinct brands: Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite. The group services a wide range of travelers, from value-conscious individuals to premium business and leisure seekers.

Stock Price Movement​

Lemon Tree Hotels Ltd shares settled at ₹112.30 on Monday, posting a loss of 1.84% for the day. The stock traded within a noticeable intraday range, finding support between ₹108.50 and ₹113.15.

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