Lemon Tree Hotels to go asset-light as Warburg Pincus invests up to Rs 960 crore; Fleur to be listed separately

Lemon Tree Hotels and Fleur Hotels are undergoing a significant restructuring, with Warburg Pincus investing up to Rs 960 crore in Fleur. This move will create two distinct platforms: Lemon Tree as an asset-light management company and Fleur as a growth-oriented hotel ownership entity. The reorganization aims to simplify the group structure and unlock long-term shareholder value.