Who owns SALT?
SALT is owned by IBL (Mauritius, SEM: IBLL).[1]
IBL owns 56.37% of SALT rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: IBL Ltd Integrated Report 2025. Last checked .
Key facts
- Current owner
- IBL Ltd (56.37% stake) reported
- Owner HQ
- 🇲🇺 Mauritius, Port Louis
- Origin
- 🇲🇺 Mauritius
- Category
- Travel & transport › Hotels › Upscale hotels
- Parent ticker
- SEM: IBLL
- Last verified
- · 1 sources
About SALT
SALT is the second brand of The Lux Collective, built on connecting guests with the people and places around a hotel rather than sealing them inside a resort. It is the brand IBL is using to push the collection into new markets: it is making its international debut in China and in Bali, Indonesia, part of a stated ambition to earn 60 per cent of hospitality revenue from outside its home markets within three years. Like the rest of the collection it is held through a 56.37 per cent effective interest.
Ownership timeline of SALT
Where SALT sits in IBL
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- LUX* (56.37%)
- Run Market (51%)
- SALT (56.37%)
- Winner's
Open the full IBL ownership tree →
See the full IBL brand portfolio (4) →
Other brands owned by IBL
IBL controls 4 brands on Brandtree, 2 of them in travel & transport.
Also in travel & transport
Other brands in upscale hotels, and who owns them
The 57 brands in upscale hotels on Brandtree belong to 20 owners. The largest is H World, with 11.
| Brand | Owner | Owner based in |
|---|---|---|
| Blossom House | H World | 🇨🇳 China |
| Genting Grand | Genting | 🇲🇾 Malaysia |
| Andaz | Hyatt | 🇺🇸 United States |
| Avani Hotels & Resorts | Minor International | 🇹🇭 Thailand |
| Ascend Collection | Choice Hotels | 🇺🇸 United States |
| Bahrain Airport Hotel | Gulf Hotels Group | 🇧🇭 Bahrain |
| Lavande | Jin Jiang Hotels | 🇨🇳 China |
| Marriott Hotels | Marriott | 🇺🇸 United States |
About the owner: IBL
IBL is a publicly listed company headquartered in Port Louis, Mauritius, founded in 2016. Brandtree records 4 brands under its control, and it is listed as SEM: IBLL.
IBL is the largest group in Mauritius by revenue and, outside banking, by market capitalisation. It was created in 2016 by the merger of GML Investissement Ltée and Ireland Blyth Limited, and now operates in 20 geographies through four clusters — Retail, Consumer Brands & Distribution, Industrials and Services — with more than 40,000 employees, 19,500 of them in Mauritius, and Rs 7.4 billion paid in net taxes in the year to June 2025. Just over half its revenue is earned outside Mauritius, mostly in Réunion and East Africa. Its consumer-facing businesses are three supermarket chains in three countries and the hotel brands of The Lux Collective; its drinks arm Phoenix Beverages, held at an effective 23.28 per cent, is listed separately.
🇲🇺 SALT and other Mauritian brands
Brandtree records a controlling owner for 7 brands that began in Mauritius. All of them are controlled from Mauritius.
- Air Mauritius — Air Mauritius 🇲🇺
- Biscuits Manioc — Biscuiterie H. Rault 🇲🇺
- Manawa — PhoenixBev 🇲🇺
- Phoenix Beer — PhoenixBev 🇲🇺
Frequently asked questions
Who is the parent company of SALT?
The parent company of SALT is IBL, a publicly listed company headquartered in Mauritius.
Is SALT Mauritian?
Yes. SALT originated in Mauritius and its owner, IBL, is also headquartered in Mauritius.
Is SALT still owned by IBL?
Yes. As of 25 September 2026, SALT is still owned by IBL (56.37% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] IBL Ltd Integrated Report 2025 — IBL Ltd, Annual report; retrieved 25 September 2026.
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