The Group ventured into the hospitality industry in 2015 with the opening of its maiden hotel Park Hotel Alexandra operated by Park Hotel Group as part of its business diversification strategy. It then went on to partner with Park Hotel Group again to jointly invest in Grand Park Kodhipparu villa resort in the Maldives which opened in 2017. Since then, the Group has also expanded its hospitality business into Australia with acquisition and development of several hotels in Perth and Adelaide.


Momentus Hotel Alexandra (Re-opening in Q1 2023)  
Type: Hotel
Location: Alexandra Road
No. of rooms: 442

Grand Park Kodhipparu
Type: Villa resort
Location: North Male Atoll
No. of rooms: 120

Hyatt Regency Adelaide
Type: Hotel
Location: Pirie Street, Adelaide, South Australia.
No. of rooms: 284
Completion date: 2025 (expected)

Grosvenor Hotel Adelaide
(Managed by ACCOR)
Type: Hotel
Location: North Terrace, Adelaide
No. of rooms: 181