Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 04 2019

Twenty 14 Holdings to invest Rs 2000 crore for developing seven hotels in India

Twenty 14 Holdings will invest Rs 2000 crore to build seven properties across India in the next few years. 

Twenty 14 Holdings to invest Rs 2000 crore for developing seven hotels in India

Twenty 14 Holdings, the hospitality arm of Lulu Group International, will invest Rs 2000 crore to build seven properties across India in the next few years. 

The first of the series of a Port Muziris Kochi, a Tribute Portfolio brand of Marriot International group, will be launched soon. This is the only Tribute Portfolio brand of Marriot in South Asia. 

Adeeb Ahamed, Managing Director of Twenty14 Holdings, said, “The other properties are at various stages of construction. Unlike Port Muzuiris, they could be larger in sizes. Two of the hotels will be in Bengaluru, one in Hyderabad and three in Kerala. We are scouting for a location to set up a resort in Kerala.”

Ranju Alex, Market Vice President, Marriott International, stated, “Port Muziris will be the fifth Marriot brand hotel in Kochi alone. It is the 16th brand of the group in South Asia.”

“Marriot International has 7000 hotels across the world, but there are only 32 Tribute brand hotels. Each Tribute hotel is unique and curated for the experience. So, the number of Tribute hotels is fewer,” she further added. 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Laundry & Dry Cleaning
    About Us: Stadhawk founded by two young dedicated professionals with vast..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 280
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Fine Dine Restaurants
    About Us: Virasat, as the name inspires a legacy works towards..
    Locations looking for expansion Rajasthan
    Establishment year 2006
    Franchising Launch Date 2006
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Quick Service Restaurants
    About Us: Kev’s Café is a renowned brand established in 2001..
    Locations looking for expansion Delhi
    Establishment year 2011
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • After School Activities
    About Us: Cogitus is a higher order thinking after school program..
    Locations looking for expansion Jharkhand
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ranchi Jharkhand
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities