Lemon Tree Hotels share price surged by 4% during Monday’s trading session following the company’s announcement of a significant restructuring initiative focused on unlocking value and raising funds, which includes the formation of two distinct entities and the introduction of Warburg Pincus as a strategic partner.
As part of the planned reorganization, Lemon Tree Hotels will be transformed into a dedicated, asset-light hotel management and branding platform, while a newly established entity, Fleur Hotels, will encompass the group’s hotel ownership assets along with its development capabilities.
