Lemon Tree to open 100 hotels

Hospitality chain Lemon Tree Hotels on Thursday said it plans to open 100 hotels in India by 2020, with a total room capacity of 10,000. The company, which owns and manages 18 hotels under Lemon Tree Premier, Lemon Tree and Red Fox brands, said that it had put on hold plans to enter the real estate sector in partnership with U.S.-based investment firm Warburg Pincus. Keywords: Lemon Tree Hotels