Hotel room rates in India will double in 3-4 years
The demand for hotel rooms in India are outpacing supply after over a decade, a fact acknowledged by analysts. Which would mean more price hikes until new supply catches up, and that may take at least 4-5 years to come in.
Here’s how Lemon Tree plans to unlock value
“In the next three to five years, I will sell every hotel I own and then, either own a part stake in it or I will sell it and lease it back for a very long period with assured returns,” Keswani told Business Insider.
Loyalty programme may be the ace up his sleeve
Here’s how Lemon Tree Hotels plans to get a boost in valuation and open doors to partnerships with airlines and retailers
Technology, the trump card
Lemon Tree Hotels is working a program that will hunt for struggling properties in key markets. There are two more reasons why Keswani is looking to hire a chief technology officer.
Deals in the offing
Lemon Tree Hotels is in talks to bag three international deals to manage hotels in some of the world’s most popular destinations. These deals could be closed as early as six months.
