Indian Ocean Three Islands Resort Developments

This USD 150 million initiative consists of the development of three eco-friendly resorts on three islands located in the Indian Ocean. Each resort operator will operate the entire facilities on each island, which include the hotel operation, the hotel villas, the spa, the marina and two beach clubs one for hotel residents and the second one for day-time island visitors. Early concepts were developed by a different design firm for each island while the overall strategy, brief and business plan was development by Morningside. This initiative benefits from the support of the Government of the Indian Ocean country that owns these islands and the current focus is on structuring a deal suitable to all project stakeholders including the Government and the interested investors. In addition to the real estate development management aspects, Morningside will be involved at a strategic management level in the entire hospitality and lifestyle destination post start of operations.