Hospitality chain Lemon Tree Hotels expects a strong revenue growth this fiscal year, lifted by a rebound in business travel and expansion across its various hotel segments. The positive outlook is underpinned by rising room rates and increasing occupancy levels, the company said. The company has also seen a stabilization of key assets like its 670-room Aurika Mumbai hotel, which have helped buoy its revenue. Also Read | The great hotel rush to India’s least explored corner Lemon Tree Hotels’ chairman and managing director Patanjali G. Keswani, speaking exclusively to Mint, said the company crossed ₹100 crore in quarterly net profit for the first time in January-March 2025, driven by strong occupancies in core business hubs. With 100 new hotels in the pipeline and a push to list its Fleur Hotels subsidiary to become debt-free, Keswani said Lemon Tree is positioning itself to tap rising demand for branded hotels across India—including in the vast unorganized sub-40-room segment—as more Indian households begin to travel. For the fiscal year ended 31 March 2025, the company on Thursday reported a revenue from operations of ₹1,286 crore, up 20% from FY24’s ₹1,071 crore. Net profit for the year rose 34% to ₹243.1 crore. Also Read | Lemon Tree eyes shared loyalty alliances with international hotel chains “Our growth was driven across our various brands, and across the board, partly driven by occupancy and partly by average room rates. In Q4, Aurika Mumbai also stabilized and our occupancy stood at 77-78%, growing 6-7% year-on-year,” he said. Business travel has now returned to normal for the company. Markets like Hyderabad maintained their occupancy upwards of 80%, he said. Mumbai, Bengaluru and Delhi also picked up in terms of occupancies as well as room rates. “Most of our key markets—which anyway are focused on business travel—did well, with some cities like Bengaluru picking up. This helps as a large part of our capital structure is in business hotels and this led to us crossing ₹100 crore of net profit in a quarter,” he added. Also Read | Lemon Tree’s renovation drive leaves little room for re-rating The hospitality company with a market capitalization of more than ₹10,000 crore currently operates 116 hotels, consisting of 41 owned properties with about 5,800 rooms, and 75 managed hotels with around 4,900 rooms. The company is also developing 100 new hotels, which will add approximately 6,600 rooms to its portfolio. Since April 2024, it has signed about 50 new hotels across various locations in the country. In September, Fleur Hotels Pvt. Ltd was converted from a private limited company into an unlisted public company, with plans to list it by December 2026 to pare debt and fuel expansion. Fleur, which houses flagship properties like Lemon Tree Premier, Delhi Aerocity and Aurika Mumbai International Airport, and a few owned hotels, is expected to generate o in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. 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