Lulu’s Twenty14 Holdings completes £300 million investment in UK
DUBAI: Twenty14 Holdings, the hospitality investment arm of Lulu Group International has completed investments of £300 million (Rs28 billion) in the UK, with the inauguration of the Great Scotland Yard in London.
The hotel will be open for business from today. The historic property was acquired in 2015 for Rs10.25 billion and the makeover of the hotel involved a further Rs5.21 billion. In addition to the Great Scotland Yard, Twenty14 Holdings had 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 Unbound Collection by Hyatt brand is a portfolio of independent hotel properties, ranging from historic urban gems to contemporary trend-setters. Whether it is a fascinating past, an exclusive location, famous architecture and design or an award-winning dining experience, each hotel has its distinct narrative and creates novel, story-worthy experiences for guests, while at the same time offering World of Hyatt members all of the programme’s benefits.
Steeped in history, 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.
Speaking about the new project, M. A. Yusuff Ali, chairman and MD 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.”
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. Twenty14 Holdings’ focus remained steady right through, keeping the building ’s reputation in mind, every effort made in its rebirth had to be extraordinary, beyond expectations. And, this is what has been accomplished. The Great Scotland Yard Hotel invites you to experience its myriad stories.”
Once the famous and historical home of law and order in London’s City of Westminster, Great Scotland Yard will be a modern destination, an innovative and lively space offering multiple F&B options – The Yard, The Forty Elephants, The Parlour and Sibín serving international & British modern food under the supervision of acclaimed Chef & restaurateur Robin Gill.
Peter Fulton, Group President EAME/SWA, Hyatt Hotels said, “We at Hyatt feel extremely proud to find ourselves charged with preserving the illustrious heritage of this iconic building, Great Scotland Yard, and give it a new life as the first hotel within The Unbound Collection by Hyatt.
“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. We look forward to our continued success and building further on the fruitful relationship between Hyatt and the Lulu Group.”