Tag Archives: Twenty14 Holdings

Twenty14 Holdings, hospitality investment arm of LuLu Group International, is developing two high-profile properties in Bengaluru at an investment of Rs 800 crore that will open in 2020 and 2021, respectively. Adeeb Ahamed, Managing Director, Twenty14 Holdings, says, “We currently have three projects in India, one of which is already operational – the first Tribute Collection by Marriott called Port Muziris in Kochi. The other two are brownfield projects under development in Bengaluru – one is near the airport and the other is in the Electronic City. One of them will be ready by 2020 and the other by Q1 2021.” The two Bengaluru properties are at a combined investment of up to Rs 800 crore, Ahamed reveals while the one in Kochi was at an investment of Rs 52 crore. “We are looking to expand in India and are in final stages of negotiations for other projects across India. We are looking at one resort property and one hill station property but we haven’t finalised yet. We are also looking at Dharamshala and Hyderabad as potential destinations,” he shares. Twenty14 Holdings was established in 2014 and aims to become a billion-dollar investment company by 2025. It is an asset-heavy hospitality investment arm of LuLu Group International and already has a few properties operating in different parts of the world. It is now planning to expand further in India and is looking for appropriate hospitality partners.

Twenty14 Holdings has announced plans to launch Port Muziris – South Asia’s first Tribute Portfolio hotel, part of Marriott International, near Cochin International Airport. The 55-room property is all set to be opened to the public in April. “We are thrilled to debut the first Tribute Portfolio in South Asia. At Twenty14 Holdings, we share the vision of offering a unique experience for guests,” said Adeeb Ahamed, Managing Director, Twenty14 Holdings. “Kerala has long been one of the most sought-after destinations worldwide, and we are excited to be part of the state’s flourishing tourism sector. We look forward to extending our legacy of providing outstanding hospitality to guests across Kerala and India through our bespoke properties,” he said. Tribute Portfolio, launched by Marriott, is a collection of independent hotels around the globe with a focus on expressive design moments, vibrant public spaces, and a flexible food and beverage model. “We are delighted to announce the first Tribute Portfolio hotel in India with the opening of Port Muziris hotel in Kochi. This will also mark the debut of our 16th brand to join the Marriott International portfolio in India,” said Neeraj Govil, Area Vice President — South Asia, Marriott International. He added, “We are honoured to partner with Twenty14 Holdings for their first hotel in India. With its unique design and vibrant social spaces, we are sure this hotel will become a preference for leisure travellers.” Port Muziris which includes 55-keys, 2 F&B outlets and a 150-pax capacity ballroom is Twenty14 Holdings’ first property in India. Currently, the hospitality investment firm has over $750 million portfolio of properties around the world, including the Waldorf Astoria Edinburgh – the Caledonian in Scotland, Sheraton …