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Expansion▲ Bullish for Lemon Tree Hotels
Lemon Tree targets 9,000-room Fleur portfolio before listing, sees demerger unlocking value
The brief
- Lemon Tree plans to expand Fleur to 9,000 rooms before its proposed listing
- Expansion is backed by a ₹4,000 crore investment pipeline and fresh acquisitions
- Expansion and a potential listing put Lemon Tree Hotels and hospitality peers in focus