Recent events
Recent events tied to this brand in public sources.
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2021
Lemon Tree Premier opens in Bhubaneswar
Lemon Tree Hotels, through its management subsidiary Carnation Hotels, announced the opening of Lemon Tree Premier, Bhubaneswar, its first property in the city.
2020
Apollo Hospitals partners with hotel and service brands for isolation facilities
Apollo Hospitals partnered with Lemon Tree Hotels, Ginger Hotels, OYO and Zomato for Project Stay I, an initiative providing medically supervised isolation and quarantine facilities. The article says the first phase launched with around 500 rooms and that Apollo planned to scale the capacity to as many as 5,000 rooms.
2019
Lemon Tree Hotels acquires Berggruen Hotels
Lemon Tree Hotels acquired Berggruen Hotels, which owns Keys Hotels, at an enterprise value of ₹600 crore, expanding Lemon Tree Hotels’ portfolio to 7,800 rooms in 77 hotels across 45 destinations.
2019
Warburg Pincus exits its Lemon Tree Hotels investment
Warburg Pincus sold its remaining 5.7% stake in Lemon Tree Hotels for ₹259.85 crore, completing its exit from the investment.