IHG Hotels & Resorts has reinforced its leading position in Luxury & Lifestyle hospitality in Australia by signing a major long-term agreement with Salter Brothers.
Several high-profile IHG hotels will be rebranded and repositioned within the company’s portfolio of luxury brands – with Regent Hotels & Resorts set to return to Australia after 28 years when Regent Melbourne completes its transformation from InterContinental Melbourne in 2030.
IHG’s strategic Luxury & Lifestyle expansion also sees three of its highly popular and successful properties joining its InterContinental brand. The trio of hotels will bolster the growth of the world’s first and largest luxury hotel brand:
- Crowne Plaza Sydney Coogee Beach to InterContinental Sydney Coogee Beach;
- Crowne Plaza Melbourne to InterContinental Melbourne;
- The Crowne Plaza Canberra site is to be redeveloped into the new InterContinental Canberra. A second hotel will also be developed on this site, to bring Hotel Indigo to Canberra.
voco Gold Coast, which was the first voco hotel to open globally and another IHG / Salter Brothers collaboration, will undergo a refurbishment and expansion of its leisure facilities.
Matt Tripolone, IHG Hotels and Resorts Managing Director, Australasia Pacific, said: “This extended long-term agreement with Salter Brothers further strengthens our existing, highly successful relationship. This partnership accelerates IHG’s Luxury & Lifestyle growth in Australia and enables Salter Brothers to reposition key assets and unlock long-term value in this space.
Paul Salter, Managing Director, Salter Brothers, said: “We have a strong history with IHG spanning more than a decade, and are fully committed to our partnership which continues to drive growth for our assets. This new agreement represents over $1bn investment in the Luxury & Lifestyle segment and highlights our conviction in providing distinctive lifestyle experiences for travellers globally, with an emphasis on timeless style, culinary mastery and wellness facilities for guests.
IHG Hotels & Resorts has 76 hotels in Australasia operating under nine brands – Six
Senses, InterContinental, Kimpton, Vignette Collection, Hotel Indigo, voco, Crowne Plaza, Holiday Inn and Holiday Inn Express, with another 26 properties in its development pipeline.