Lemon Tree targets 9,000-room Fleur portfolio before listing, sees demerger unlocking value

Timeline
Sunday, 4 October
- Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses
Fleur plans to deploy $1 bn as Lemon Tree separates hotel ownership from management
Thursday, 1 October
- Lemon Tree targets 9,000-room Fleur portfolio before listing, sees demerger unlocking value
Lemon Tree plans to expand Fleur to 9,000 rooms before its proposed listing
