The hospitality investment arm of LuLu recently acquired a share in the Sheraton Oman in Muscat, a 230-room, five-star hotel under renovation. “The financial model and investment opportunities in this sector are in line with our capabilities, and we look forward to making key acquisitions in cities across the globe.” “While the mall-hotel model will be replicated wherever it is feasible, Twenty14 Holdings is looking at partnering with leading hotel groups to introduce world-class properties in key markets like the, Europe and South East Asia,” Mr Ahamed said. The LuLu Mall campus in Kochi, India, for instance, partnered with Marriott Group to open a 274-room hotel. While the retail industry has been at the core of LuLu Group’s expansions into emerging markets such as Malaysia, Indonesia and India, it has realised that retail and hospitality services complement each other, said Adeeb Ahamed, the managing director of Twenty14 Holdings. “Dubai continues to attract active interest for entrants into the Middle East, and that is unlikely to change any time soon,” said John Podaras, a partner at Hotel Development Resources, a consultancy in Dubai. The Frankfurt-headquartered Steigenberger said it would manage a second property in Dubai for another developer, InterCityHotel Culture Village, in 2017 as well as the Steigenberger Hotel Doha Airport Road set to open in Qatar next year.ĭespite the fluctuations in the hotel sector, with falling average daily room rates across Dubai and a decline in tourists from traditional source markets such as Russia, the emirate is still an attractive destination in the long run, analysts say. The LuLu unit has more than Dh1 billion worth of assets under management in the Middle East, the UK and India. This will also be its first foray into the hotels sector. The 365-room property will be operated by Germany’s Steigenberger Hotels.
N.The hospitality unit of Abu Dhabi’s LuLu Group plans to open a five-star hotel in Dubai’s Business Bay area in October. Hotels Near National Stock Exchange Of India Limited Hotels Near Cochin University Metro Station Hotels Near National University Of Advanced Legal Studies Hotels Near Changampuzha Park Metro Station Hotels Near Ernakulam Junction Railway Station Hotels Near Ernakulam North Railway Station More Hotels in Kochi Near Landmark Hotels Near Lulu Mall Further, if you’re travelling in odd number, you may choose for triple occupancy rooms as well in the hotels near Lulu Mall, Kochi. Depending upon the requirement, you may opt for single or double occupancy rooms at these hotels near Lulu Mall. Worried about high prices? Fret not! These hotels near Lulu Mall will not be heavy on your pocket either as FabHotels is a budget hotel chain.
HOTEL LULU FREE
These hotels around Lulu Mall, Kochi ensure a pleasant experience to all guests with their standardised services, spotless rooms, comfortable bedding, unlimited free Wi-Fi and fresh breakfast. If you're looking for a stay near Lulu Mall, FabHotels offers many options. Every day, loads of people visit Lulu Mall for it offers a variety of goods along with a number of dining and entertainment options. Lulu Mall is an important shopping hub in Kochi. National University of Advanced Legal Studies.National Stock Exchange Of India Limited.
0 kommentar(er)
