Lemon Tree Hotels Achieves Record Growth in FY 2025-26 with 56 New Signings
Lemon Tree Hotels reports record expansion in FY26 with 56 signings, 20 openings
Business Standard
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Lemon Tree Hotels has reported a record expansion in FY 2025-26, with 56 new signings and 20 hotel openings, bringing its total portfolio to 269 hotels. The company is focusing on high-growth urban markets and leisure destinations, reflecting a strategic shift towards an asset-light growth model.
- 01Lemon Tree Hotels signed 56 new agreements and opened 20 hotels in FY 2025-26.
- 02The total portfolio now includes 269 hotels, with 131 operational properties.
- 03Expansion targets high-growth urban markets and tier II and III cities.
- 04The company's revenue from operations rose 14.3% year-on-year to ₹406.05 crore.
- 05Consolidated net profit increased slightly to ₹62.67 crore in Q3 FY26.
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In FY 2025-26, Lemon Tree Hotels achieved significant growth with 56 new signings and the opening of 20 hotels, bringing its total portfolio to 269 hotels. This expansion reflects the company's commitment to a disciplined, asset-light growth model, focusing on high-growth urban markets and emerging leisure destinations across India. As of March 31, 2026, the operational portfolio includes 131 hotels with over 11,000 keys in more than 80 destinations. The company has strategically targeted pilgrimage sites like Tirupati and Ayodhya, leisure markets such as Malshej Ghat, and industrial hubs including Bhilai and Rudrapur. Neelendra Singh, managing director of Lemon Tree Hotels, emphasized the importance of meeting the evolving demands of Indian travelers by expanding beyond traditional markets. Financially, the company reported a slight increase in consolidated net profit to ₹62.67 crore for Q3 FY26, while revenue from operations surged 14.3% year-on-year to ₹406.05 crore.
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The expansion of Lemon Tree Hotels will likely create new jobs and boost local economies in the areas where new hotels are opened, particularly in tier II and III cities.
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