+
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.

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 Transport

Railways Opens First Section of Bullet Train Tunnel in Maharashtra

The Mumbai–Ahmedabad bullet train project has achieved a key milestone with the opening of the first section of a 21-km undersea tunnel between Ghansoli and Shilphata in Maharashtra. The high-speed rail corridor, powered entirely by Japanese Shinkansen technology, has seen 310 km of viaducts completed, alongside rapid progress in track laying, electrical works, and station construction. Five of the 12 stations are complete, with three more nearing completion. The BKC station, located 32.5 metres underground, is designed to support a 95-metre structure above. The next-generation E10 Shin..

Next Story
Infrastructure Urban

Mahindra, Osaka Ink Pact to Boost Japanese Investment

Mahindra Industrial Park Chennai (MIPCL), along with its Japanese stakeholder Sumitomo Corporation, has signed a strategic cooperation agreement with the Osaka Prefecture and Osaka Industrial Development Bureau to support Osaka-based businesses entering India.The partnership aims to streamline entry for Japanese manufacturers, providing support such as business visits, regulatory guidance, and market insights. MIPCL and Sumitomo will act as local facilitators, while Osaka authorities will identify and recommend companies for expansion.With India’s projected GDP growth of 6.3 per cent in FY25..

Next Story
Building Material

Govt Plans Mandatory Public Procurement of Green Steel

The Ministry of Steel is working on modalities to mandate public procurement of green steel, as part of its efforts to decarbonise the industry. A Rs 150 billion Green Steel Mission is being formulated to support emission reduction and move towards net-zero targets.The mission will include a PLI scheme, incentives for renewable energy use, and mandates for government agencies to buy green steel. Green steel is produced with significantly lower carbon emissions compared to conventional methods.Speaking at the India Steel Conclave 2025, a senior official said procurement mandates are under consi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?