Grosvenor and EIH London Investments Ltd have announced that South Molton, in London’s Mayfair, will be home to the Indian luxury hospitality group’s first Oberoi Hotel in the UK.
Work began on site in November 2023, with all phases scheduled for completion by the end of 2027. The hotel will have 11 suites and 6 rooms, according to an exchange filing on September 15, entailing a £15 million investment from EIH.
Grosvenor secured planning permission for the restoration of the 33,000 sq. ft listed building in 2022, as part of its wider South Molton development.
This project, currently the West End’s largest mixed-use development, will include the hotel, new office space, housing, cafes, shops, restaurants, community and leisure spaces, all set within a rejuvenated public realm, according to a media statement by EIH.
Commenting on the development, Rachel Dickie, executive director of investment and development, Grosvenor, said: “We are thrilled to have such a fantastic anchor for the project at this early stage of development.”
Arjun Oberoi, executive chairman of The Oberoi Group, added, “Our partnership with Grosvenor marks an important milestone in our international growth. London has always been a key market for our guests. We are excited to bring our distinctive hospitality experience to the heart of London.
According to Vikram Oberoi, managing director and CEO of The Oberoi Group, the project marked a pivotal moment for the brand's global journey.