Lemon Tree: 56 Signings, 20 Openings in FY26; Portfolio to 269 Hotels
Lemon Tree Hotels Ltd. reported a record portfolio expansion in FY 2025-26, driven by 56 new signings and 20 hotel openings. The company's operational portfolio now exceeds 130 hotels and 11,000 keys across 80+ destinations, reinforcing its transition to a disciplined, asset-light growth model. Expansion focused on high-growth urban markets, tier II and III cities, and emerging leisure and pilgrimage destinations like Tirupati, Ayodhya, and Somnath. The growth was diversified across its brands, with the core Lemon Tree Hotels brand leading with 27 signings. By March 31, 2026, the total portfolio reached 269 hotels, comprising 131 operating and 138 in the pipeline, positioning the company for consistent, long-term growth.
Key Highlights
- LTHL achieved record portfolio expansion in FY26 with 56 new signings and 20 hotel openings.
- Operational portfolio now exceeds 130 hotels and 11,000 keys across 80+ destinations.
- Company is leveraging an asset-light growth model for rapid scaling and consistency.
- Expansion targets high-growth urban, tier II/III, and diverse leisure/pilgrimage markets.
- Total portfolio reached 269 hotels by March 31, 2026, with 138 properties in the pipeline.
Price Impact