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Lemon Tree Hotels’ arm acquires entire stake in Berggruen Hotels

02 Nov 2019 Evaluate

Lemon Tree Hotels’ material subsidiary -- Fleur Hotels Private (FHPL) has acquired 100% share capital of Berggruen Hotels and now it has become a wholly owned subsidiary of FHPL and an indirect subsidiary of Lemon Tree.

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017.

Lemon Tree Hotels Share Price

109.30 -0.90 (-0.82%)
30-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
The Indian Hotels Co 749.15
ITC Hotels 160.65
EIH 332.25
Chalet Hotels 805.15
Mahindra Holi.&Resor 216.50
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