MinterEllison has supported its long-standing client, Salter Brothers, in a further expansion to its hotel portfolio, in its acquisition of the Escarpment Group's five luxury hotel and estates in New South Wales, which include Lilianfels Resort & Spa, The Hydro Majestic Hotel, Echoes Boutique Hotel & Restaurant and Parklands Country Gardens & Lodges in the Blue Mountains, plus The Convent Hunter Valley Hotel in Pokolbin.

This follows the acquisition of other 'retreat' hotels including the Spicers Retreat portfolio (located in Queensland and New South Wales) in April 2023 and Milton Park Country House Hotel and Spa (located in Bowral, in the Southern Highlands of New South Wales) in May 2023.

“Salter Brothers’ portfolio of hotel funds has been strategically built to appeal to international and domestic markets,” said Joseph Pace, MinterEllison partner.

“Their focus on premium properties, targeting the luxury retreat market in established tourism locations reflect confidence in the global demand for these experiential stays,” he added.

MinterEllison’s work with Salter Brothers on its portfolio of hotels is done with a multidisciplinary team, including lawyers from transactions, real estate, tax, funds, financing, IP and IT, FIRB, workplace, migration, privacy, litigation and insurance. The work has been led by partners Joseph Pace and Alice Langham.

"We are proud to be a trusted advisor to Salter Brothers as they continue to expand their hotel and retreat assets,” said MinterEllison partner, Alice Langham.

Salter Brothers is an Australian-owned global fund manager with a focus on hotels, property, private equity and credit, with group assets under management of over $3 billion. Established in December 2015, the Salter Brothers' hotel platform encompasses a portfolio of 32 hotels across three funds, making Salter Brothers one of the largest hotel owners in the Asia Pacific region.

MinterEllison has supported Salter Brothers in all of its hotel acquisitions since its inception including the recent portfolio acquisitions of Spicers Retreats and Travelodge Hotels.