Synopsis :
Lemon Tree Hotels is in the spotlight after its subsidiary, Fleur Hotels, received a Letter of Award from DDA to develop and operate a 5-star hotel in Nehru Place, New Delhi.
India’s third largest hotel chain company is in the spotlight today after its subsidiary has received a Letter of Award (LOA) from the Delhi Development Authority (DDA) to develop and operate a 5-star hotel.
With the market capitalization of Rs. 12,149 crore, the shares of Lemon Tree Hotels Limited is trading at Rs. 153.29, up by 5.54 percent from its previous day’s close price of Rs. 145.25 per equity share, and it has reached a high of Rs. 154.50 in the same trading day.
Work Order
Lemon Tree Hotel’s subsidiary, Fleur Hotels Limited, has received a Letter of Award (LOA) from the Delhi Development Authority (DDA) for a 2.256-acre land parcel at Nehru Place, New Delhi. The LOA, valid for 12 months, allows the company to develop and operate a 5-star hotel on the site, subject to DDA compliances.
Lemon Tree Hotels will develop its upcoming property at Nehru Place as Aurika, Nehru Place, introducing its upper upscale brand to Delhi NCR. With 500+ keys, it will be one of the city’s largest hotels, offering premium rooms, suites, dining, banqueting, and leisure facilities inspired by Aurika Mumbai SkyCity. This landmark project, strategically located in Nehru Place, will boost Lemon Tree’s presence in the NCR and cater to both business and leisure travelers.
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Management View
Lemon Tree Hotel’s CMD, Patanjali Keswani, stated that Delhi is a strategic focus, and Aurika will provide a luxury experience that goes beyond a stay, setting new standards for style, comfort, and service. Construction will begin soon, demonstrating the company’s commitment to expanding in key markets while providing inspiring experiences and exceptional hospitality.
About the Company & Others
Lemon Tree Hotels Limited (LTHL) is one of India’s leading hospitality companies, with seven brands ranging from value to upper upscale. It operates over 110 hotels in more than 75 cities in India and abroad, serving over 1.5 million guests per year, and has 120 more in the pipeline.
Since its first property in 2004, the group has grown to over 230+ operational and upcoming hotels, with a strong presence in metro hubs, tier II/III cities, and international locations such as Dubai, Bhutan, and Nepal.
As of June, 2025, the company has 116 hotels with 10,661 rooms in operations and 110 hotels with 7,770 rooms in pipeline, totalling to 226 hotels with 18,431 rooms. For Q1 FY26, its revenue from operations rose by 17.91 percent from Rs. 268 crore in Q1 FY25 to Rs. 316 crore in FY26, accompanied by profits increased by 140 percent to Rs. 48 crore in Q1 FY26 compared to 20 crore in Q1 FY25.
Written by Akshay Sanghavi
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