Lemon Tree Hotels (Lemon Tree) and Fleur Hotels (Fleur) today announced that their respective Boards of Directors have approved a Composite Scheme of Arrangement designed to simplify the group ...
Lemon Tree Hotels is restructuring its group with a new focus on asset-light hotel management, backed by Warburg Pincus's ...
Hotel Shilla recorded an operating loss in the fourth quarter as well, turning to a deficit on an annual performance basis. This is due to the difficulty in securing profitability amid a challenging ...
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