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Salter Brothers Hotel, Intercontinental Melbourne The Rialto, Awarded ‘Oceania’s Leading Hotel 2019’ At World Travel Awards

Intercontinental Melbourne the Rialto has been awarded ‘Oceania’s Leading Hotel 2019’ at the 26th annual World Travel Awards Asia & Oceania Gala Ceremony. The World Travel Awards recognises exceptional leaders in the tourism, hotel, airline and hospitality industry, representing the pinnacle of industry excellence. Held in Vinpearl Convention Centre Phu Quoc (Vietnam), the gala honoured hotels […]

Asian investors back $104m hotel raising

Larry Schlesinger Hotel-focused fund manager Salter Brothers has secured $104 million in fresh equity to partly fund its acquisition of the NEXT Hotel in Brisbane. The group, led by Brothers Paul and Robert Salter, struck a deal in May to buy the 304-room hotel from Challenger for $150 million. Around 60 per cent of the […]

Salter Brothers close oversubscribed NEXT Hotel Acquisition capital raising

Salter Brothers is pleased to announce that it has closed its $104m equity raising for the Salter Brothers Hotel Group.  The capital raising was oversubscribed. The capital will be used to partially fund the acquisition of the NEXT Hotel in Brisbane. NEXT Hotel is the first Brisbane property and the 7th Australian hotel acquired and retained […]

Salter Brothers Asset Management Pty Limited: ABN 33 119 833 760, AFSL 308971 is the trustee of all Salter Brothers Funds.