The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels. For the full story, visit the source.
Business
Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses
The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.
By Varuni Khosla· Livemint· 1 day ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint