Lemon Tree Hotels to list subsidiary Fleur Hotels

August 10, 2024

Lemon Tree Hotels intended to list its subsidiary, Fleur Hotels, soon to address its Rs 1850 crore debt. Fleur Hotels includes 4,000 rooms and major properties. Despite election and heat wave challenges, Q1 2025 marked the highest revenue for Lemon Tree, although occupancy slightly decreased, and renovation investments impacted EBITDA margins.

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