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Hospitality | April 09, 2012
#18079

Lemon Tree to open 100 hotels by 2020

ASAPP news bureau

Hospitality chain Lemon Tree Hotels plans to open 100 hotels in India by 2020, with a total room capacity of 10,000.
 
 The company, which currently owns and manages 18 hotels under Lemon Tree Premier, Lemon Tree and Red Fox brands said on recently that it has put on hold plans to foray into real estate in partnership with US-based investment firm Warburg Pincus.

Tags
Lemon Tree Hotels, In India, Total Room Capacity, US-Based Investment Firm, Warburg Pincus
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