New Delhi, Aug. 8 -- Lemon Tree Hotels Ltd's chairman and managing director Patanjali G. Keswani will become executive chairman of both LTH and its subsidiary Fleur Hotels as part of a leadership change effective 1 October.

Lemon Tree said in a statement on Friday that the management change was part of its long-term succession plan aimed at strengthening leadership.

The company announced the appointment of Neelendra Singh, managing director of Adidas India, as the managing director of Lemon Tree Hotels.

Saurabh Shatdal, managing director at real estate consultancy Cushman & Wakefield, will take over as managing director and chief executive of Fleur Hotels, which is expected to be listed on the public markets by the end of next year.

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