Lemon Tree Hotels
Lemon Tree Hotels
EMBA2023@AIM
BACKGROUND
2004: First hotel with 49 rooms; 2022: ~8,250 rooms in 84 hotels across 52 destinations, in
India and abroad (Dubai, Bhutan, Nepal), under its various brands (3 stars to 5 starts).
This award-winning company has been recognized nationally and globally for its
innovative human capital practices.
Lemon Tree believes that the brand should stand for more than ‘just profit’. In a Lemon
Tree Hotel, these physical, mental or intellectual limitations do not qualify as reason
enough to deprive someone of an opportunity.
We may be greeted with a person who is deaf or physically handicapped. The restaurant
staff may include persons who have Downs Syndrome, but despite their physical
limitations, work long shifts – and always serve with a smile. The bellboy could be one
who has a hearing impairment and the housekeeping staff could have been an acid attack
victim.
DIVERSITY & INCLUSION
Approximately 2.2% of the Indian population identifies as disabled, although the true
number is likely much higher. And recruitment platform Equiv.in reports that the
unemployment rate among disabled people is over 70%.
Lemon Tree has defined the goal as mainstreaming ‘Opportunity Deprived Indians’ i.e.
ODIs into its workforce (currently 17-18 percent of the workforce). ODIs include:
Physical Disability: Speech and Hearing Impaired (SHI); Orthopedically Handicapped (OH); Acid
Survivors (AS); Going forward, also Visually Impaired (VI), Low Vision (LV);
Intellectual Disability: Down Syndrome; Autism
Marginalized sections of society: Below Poverty Line (BPL) individuals; Widowed or
abandoned/battered/destitute/divorced women; Orphans/abandoned girls; Individuals from economically
weak families; Communities who do not get education and employment opportunities easily i.e. North
Eastern States, Bihar, Jharkhand, Chhattisgarh, Orissa, tribal/interior areas of any state, etc.
ACHIEVEMENTS
More than 100 awards since inception (2004 – 2022)
2020: Awarded GO-MMT Travelers’ Choice Award.
2019: Multiple awards, including -
Investing in People Award during Tourism For Tomorrow Awards 2019 organized by World Travel &
Tourism Council in Seville, Spain.
Best Differently Abled Friendly Hotel at FICCI Travel & Tourism Excellence Awards 2019.
Best 3 star Hotel at FICCI Travel & Tourism Excellence Awards 2019.
Mr. Patu Keswani, Chairman and Managing Director, Lemon Tree Hotels was
felicitated with a Lifetime Achievement Award, for his outstanding contribution to
the hospitality industry on the occasion of the 6th International Hospitality Day 2021
FINANCIALS
PROFIT & LOSS
ACCOUNT OF LEMON
Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15 Mar-14 Mar-13
TREE HOTELS LTD. (in
Rs. Cr.)
INCOME
TOTAL OPERATING
129.19 79.92 269.58 273.32 231.08 218.43 193.28 188.04 149.77 142.74
REVENUES
Other Income 2.99 4.03 3.67 9.32 7.05 7 3.59 39.39 57.16 4.44
TOTAL REVENUE 132.17 83.94 273.24 282.64 238.13 225.43 196.87 227.43 206.93 147.18
EXPENSES
TOTAL EXPENSES 154.78 131.89 232.59 234.19 211.86 217.53 212.81 224.75 190.78 170.36
PROFIT/LOSS BEFORE
-22.61 -53.87 40.65 48.45 26.28 7.9 -15.94 2.68 16.15 -23.18
TAX
TOTAL TAX EXPENSES -6.55 -13.14 8.45 -14.79 4.13 1.29 0.39 1.11 1.87 -2.84