| Hotel Ownership and Asset Management | Owns and manages hotel assets mainly under international brand management contracts across business and leisure segments. | Exclusive partnerships with leading global hotel brands, prime location assets, and expertise in asset management and rebranding. | B2B focus with global hotel brands and end consumers being business and leisure travelers. | Branded upscale and midscale hotels with efficient cost structures. | 1130 | 100 | Earns stable lease rentals, revenue share, and other fees from hotel operations under brand agreements. | Long-term leases and revenue-sharing contracts based on hotel performance. | Recovery in travel demand, new asset acquisitions, brand partnerships, and enhanced operational efficiency. | Fairfield by Marriott, Four Points by Sheraton, Holiday Inn Express, Hyatt Place |