Twenty14 Holdings is the hospitality investment arm of LuLu Group International, founded in 2014 to capitalize on the growth in the global hospitality industry. The company currently has assets worth more than $750m spread across Europe, Middle East, and India.
In Europe, the group owns the historic Waldorf Astoria Edinburgh – The Caledonian in Scotland, while in the Middle East, the firm co-owns the landmark Sheraton Oman Hotel in Muscat and the Steigenberger Hotel Business Bay in Dubai, UAE.
The group has also made a £110 million agreement with property developer Galliard Homes to create a luxurious five-star hotel at 1-5 Great Scotland Yard, the former headquarters of London’s Metropolitan Police Services in London, UK. The custom-built 92,000 sq ft hotel, to be called the Great Scotland Yard Hotel, is set to open in 2019.
In 2019, the group entered into a forward purchase contract with Swiss real estate developer Necron AG to develop a brand-new Intercity Hotel Zurich Airport in Rümlang, Switzerland. The company is also currently developing Port Muziris, India’s first Tribute Portfolio by Marriott in Kochi and two other properties in Bengaluru, one of which is a Marriott hotel.
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