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Mon 9 Dec 2019 02:25 PM

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UAE's Lulu takes UK investments to nearly $400m as London hotel opens

Hospitality investment arm of Lulu Group International has completed investments of $394m in the UK, with the inauguration of the Great Scotland Yard hotel

UAE's Lulu takes UK investments to nearly $400m as London hotel opens

The Great Scotland Yard Hotel, which is being managed by Hyatt under their The Unbound Collection by Hyatt brand, is located in the St James’s district of Westminster.

Twenty14 Holdings, the hospitality investment arm of UAE-based Lulu Group International has completed investments of £300 million ($394 million) in the UK, with the inauguration of the Great Scotland Yard hotel in London.

The hotel opened for business on Monday and the historic property was acquired in 2015. In addition to the Great Scotland Yard, Twenty14 Holdings acquired the celebrated Waldorf Astoria Edinburgh – The Caledonian in Scotland in 2018.

The Great Scotland Yard Hotel, which is being managed by Hyatt under their The Unbound Collection by Hyatt brand, is located in the St James’s district of Westminster.

The Great Scotland Yard was once a dwelling for visiting Kings of Scotland during the Tudor period, while today the building is most famous as the former headquarters of the London Metropolitan Police force. In 1910, the building served as the British Army Recruitment Office and Royal Military Police headquarters.

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MA Yusuff Ali, chairman and managing director of Lulu Group International said: “London is one of the world’s greatest cities and the Great Scotland Yard Hotel represents its illustrious past as well as its modern significance. The hotel spotlights the city’s vibrant history, its several celebrated aspects and its status as a global melting pot.

"In essence, we have curated an unmatched experience for every guest while recreating the historic premises into a symbol of ultimate hospitality. We welcome you to experience this unique and fabulous experience at the Great Scotland Yard.”

The high-end luxury boutique hotel with seven floors and spanning 93,000 sq ft has 153 rooms and 15 suites as well as a two-bedroom townhouse VIP-suite created from part of the original Scotland Yard Police premises. The hotel also features a library, gymnasium, meeting/conference rooms, a 120-seater conference space/ballroom and VIP function rooms. 

Adeeb Ahamed, managing director, Twenty14 Holdings, said: “The Great Scotland Yard Hotel is a dream come true for us. The culmination of a path set long ago. Transforming one of the world’s most historic addresses into an icon of modern hospitality.”

Peter Fulton, group president EAME/SWA, Hyatt Hotels said: “I could not think of a better London home for this brand, which is all about creating unique stays and story-worthy experiences. I want to thank the Lulu Group for putting their trust in us and handing us the keys to this one-of-a-kind hotel."

Twenty14 Holdings currently has assets worth more than $750 million spread across Europe, Middle East, UK, and India.

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