Lemon Tree Hotels Reorganizes: Warburg Pincus Invests ₹960 Cr in Fleur Hotels

• Lemon Tree Hotels approves a strategic reorganization and fresh investment by Warburg Pincus in its subsidiary Fleur Hotels.
• Warburg Pincus will acquire APG’s 41.09% stake in Fleur Hotels and invest up to ₹960 crore primary capital for future growth.
• Fleur Hotels will be listed as a separate entity on Indian stock exchanges within 12-15 months, becoming the group’s hotel ownership and development company.
• Lemon Tree Hotels will transition to an asset-light hotel management and brand platform, transferring all existing hotel assets to Fleur.
• Post-reorganization, Fleur's portfolio will expand to 41 hotels with 5,813 keys, managed by Lemon Tree under a new operating agreement.

Why It Matters: Lemon Tree Hotels reorganizes, becoming asset-light, while Warburg Pincus invests ₹960 Cr in Fleur Hotels.