United Kingdom
United States
Asia Pacific
Salter Brothers acquires Australia Travelodge hotel portfolio
A portfolio of 11 Travelodge hotels in Australia has been snapped up by a consortium led by hospitality operator Salter Brothers.
They are paying A$620 million in partnership with Singapore sovereign wealth fund GIC and Partners Group for the portfolio which consists of more than 2,000 rooms.
It is the biggest hospitality acquisition of its kind in Australia.
The deal ‘provides an opportunity to capitalise on the long-term relative value of Australia’s hospitality sector,’ Partners Group said.
"We particularly like this portfolio as it provides initial income with potential for further yield through transformational value creation strategies; it also provides a significant foothold from which we can scale towards a larger portfolio over time," said Partners Group MD of private real estate, Rahul Ghai.
The consortium will rebrand the hotels and some will be upscaled.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Dozens fall ill in P&O Cruises ship outbreak
BA suspending all Heathrow to Abu Dhabi flights
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel