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By Nishang Narayan
Published on August 12, 2025
Lemon Tree Hotels Limited (LTH) has announced a strategic leadership reshuffle effective October 1, 2025, subject to shareholder approval. The changes are part of the company’s succession planning to ensure leadership continuity and robust governance.
Patanjali Govind Keswani will continue as executive chairman of LTH and chair of the board of directors, focusing on ensuring a smooth operational handover to the new MD & CEO, accelerating expansion through an asset-light growth strategy, and providing long-term strategic oversight. Keswani will also retain his role as executive chairman of Fleur Hotels Limited (a material subsidiary), guiding its expansion plans with disciplined capital allocation and high-level governance.
At LTH, Neelendra Singh has been appointed as managing director, responsible for day-to-day operations and all business functions. With 26 years of experience, Singh’s career includes senior leadership roles at Adidas in India, South Korea, and Germany.
Kapil Sharma, a seasoned Chartered Accountant with over 30 years of financial expertise, has been elevated to executive director & chief financial officer. Sharma has been with the Lemon Tree Group since 2004, playing a pivotal role in M&A activities, capital market transactions, and strategic financial management.
Vishvapreet Singh Cheema, who joined as president in June 2025, will oversee operations, HR, and revenue management. Cheema brings 28 years of hospitality experience from leading brands such as IHG Hotels & Resorts, Oberoi Hotels, Radisson Group, Marriott International, and Carnival UK.
At Fleur Hotels Limited, Saurabh Shatdal will take charge as managing director & CEO, overseeing all operational and business functions. Shatdal’s 27-year career spans capital markets, land acquisitions, and hospitality operations, most recently as MD - Capital Markets & Land and India Head-Retail at Cushman & Wakefield.
Mayank Sharma has been appointed as chief financial officer at Fleur Hotels, bringing over 15 years of expertise in financial management, consultancy, and industry roles.
Sanjiv Jain joins as vice president – projects & engineering, responsible for hotel design, development, and renovation. Jain has 33 years of experience, with previous roles at NBCC Limited and Bloom Hotels.
The company stated that these appointments reflect its commitment to strengthening leadership depth while preparing for the next phase of growth in India’s competitive hospitality sector.
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