Lulu Group Lists 217-Room Marriott
ECONOMY & POLICY

Lulu Group Lists 217-Room Marriott

Lulu Group, a renowned conglomerate with diversified interests, has put up for sale a prime asset in the hospitality sector. The group has listed a luxurious 217-room Marriott hotel located in a strategic location. The move comes as part of their strategic portfolio restructuring efforts. The hotel, valued at a staggering ?400 crore, offers an enticing investment opportunity for potential buyers seeking to enter or expand their presence in the booming hospitality industry.

The Marriott property, situated in a high-demand area, boasts world-class amenities and services that cater to the discerning needs of both business and leisure travellers. With its elegant design, state-of-the-art facilities, and impeccable service standards, the hotel has carved a niche for itself in the competitive hospitality landscape. Its proximity to key business hubs and tourist attractions further enhances its allure, making it an attractive proposition for investors eyeing long-term returns.

Lulu Group's decision to divest this asset underscores their commitment to prudent financial management and value creation for stakeholders. By unlocking the value embedded in this premium property, the group aims to redeploy capital into strategic areas of growth and expansion. This strategic move aligns with their vision to consolidate their position as a leading player across various sectors, including retail, hospitality, and real estate.

The listing of the Marriott hotel presents a rare opportunity for investors to acquire a prestigious asset with substantial revenue-generating potential. With the hospitality industry poised for a robust recovery post-pandemic, investing in premium properties like the Marriott could yield handsome returns in the long run. Interested parties are invited to explore this unique investment opportunity and become part of the Lulu Group's journey towards excellence in hospitality.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Lulu Group, a renowned conglomerate with diversified interests, has put up for sale a prime asset in the hospitality sector. The group has listed a luxurious 217-room Marriott hotel located in a strategic location. The move comes as part of their strategic portfolio restructuring efforts. The hotel, valued at a staggering ?400 crore, offers an enticing investment opportunity for potential buyers seeking to enter or expand their presence in the booming hospitality industry. The Marriott property, situated in a high-demand area, boasts world-class amenities and services that cater to the discerning needs of both business and leisure travellers. With its elegant design, state-of-the-art facilities, and impeccable service standards, the hotel has carved a niche for itself in the competitive hospitality landscape. Its proximity to key business hubs and tourist attractions further enhances its allure, making it an attractive proposition for investors eyeing long-term returns. Lulu Group's decision to divest this asset underscores their commitment to prudent financial management and value creation for stakeholders. By unlocking the value embedded in this premium property, the group aims to redeploy capital into strategic areas of growth and expansion. This strategic move aligns with their vision to consolidate their position as a leading player across various sectors, including retail, hospitality, and real estate. The listing of the Marriott hotel presents a rare opportunity for investors to acquire a prestigious asset with substantial revenue-generating potential. With the hospitality industry poised for a robust recovery post-pandemic, investing in premium properties like the Marriott could yield handsome returns in the long run. Interested parties are invited to explore this unique investment opportunity and become part of the Lulu Group's journey towards excellence in hospitality.

Next Story
Infrastructure Urban

Bain Capital Invests in Dhoot Transmission Group to Accelerate Growth

Dhoot Transmission Group, a prominent manufacturer of automotive components, has announced a strategic growth investment from Bain Capital. This partnership with founder and CEO Rahul Dhoot will leverage Bain Capital's automotive expertise to drive innovation, expand global reach, and explore high-growth segments through acquisitions and partnerships.Founded in 1999, Dhoot Transmission Group specializes in manufacturing wiring harnesses for two-wheelers, three-wheelers, and other vehicles, including both internal combustion engine (ICE) and electric vehicle (EV) segments. The company has diver..

Next Story
Infrastructure Energy

Indian Oil Corp Eyes Sour Crude from Spot Market

Indian Oil Corporation (IOC), the largest oil refiner in India by capacity, is actively seeking to procure high-sulphur crude oil through spot tenders. This marks the company's first initiative to import sour crude oil since March 2022, according to insights shared by trade sources on Thursday. Sour crude, known for its higher sulphur content, is commonly used by complex refineries capable of processing such grades efficiently. In addition to the sour crude tender, IOC has also floated a separate tender for sweet crude oil, a variety with lower sulphur content that typically requires less int..

Next Story
Infrastructure Urban

Indian Carmakers Gear up for EV Push in 2025 Despite Global Slowdown

Automakers in India are preparing to launch nearly a dozen new electric car models this year, many targeting the premium market. These vehicles are expected to feature extended driving ranges and faster charging capabilities, aimed at attracting consumers amid a global slowdown in demand for electric vehicles (EVs). Electric cars are set to dominate India's five-day auto show in New Delhi starting Friday. The event will showcase models from Vietnamese newcomer VinFast, alongside domestic players such as Maruti Suzuki and Mahindra & Mahindra, as well as international competitors including BYD,..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000