The Wellness Hotel is a planned four-star-plus hospitality component of Hope Vale Medical City, the integrated health, education and wellness campus being developed in Saint David under Project Polaris. Located alongside the new 250-bed Smart Academic Hospital, the hotel will serve medical tourists and recovering patients, their families, visiting clinicians and academics, and wellness travellers drawn to Grenada's natural setting. It will combine high-quality accommodation with wellness, rehabilitation and recovery services that complement the hospital's clinical offering. The hotel is expected to be privately financed and operated on land made available within the medical city, providing investors and hotel operators with access to a differentiated health and wellness tourism opportunity in the Eastern Caribbean.
Project overview
Investment opportunity
Approximately US$100 million is sought for a four-star-plus wellness hotel within Hope Vale Medical City, serving medical tourists, patients' families and academic visitors. The hotel will support Grenada's emerging medical tourism and wellness economy, benefiting from demand generated by the Smart Academic Hospital, Premium Care and VIP Services Facility, and academic partners. Investors can participate as equity partners, hotel operators or strategic partners.
Investment types sought
Project status
Development stage
Concept
Current status / progress to date
Completed: The wellness hotel is included in the Hope Vale Medical City masterplan. Pending: Hotel market and feasibility study, site allocation, operator and brand sounding, ground lease and incentive structuring, and developer or investor selection. The hotel is expected to be privately financed, with opening planned following completion of the hospital.
Additional project information
- Lead agency
- Polaris Development Company Limited (PDCL), Government of Grenada
Expected impact
Jobs created / supported
Construction-phase employment will be created during development, followed by permanent roles in hospitality, wellness and spa services, food and beverage, and facilities management. Hotel operations are also expected to support local procurement of food, services and supplies, creating wider economic benefits for local businesses and communities.
Economic & development benefits
- Supports Medical Tourism By Accommodating Patients, Family Members And Visiting Clinicians
- Diversifies Grenada's Tourism Offering Through Health And Wellness Travel
- Generates Foreign Exchange Earnings, Tax Revenue And Demand Across Local Supply Chains
- Mobilises Fully Private Investment That Complements Public Investment In The Hospital
Climate & resilience benefits
- Applies Green Building And Energy-Efficiency Standards To Support Sustainable Development
- Can Connect To The Medical City's Solar, Water And Wastewater Infrastructure
- Incorporates Resilient Design Features To Withstand Extreme Weather Events
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.