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  4. Intercontinental Melbourne The Rialto

Hotel Review

InterContinental Melbourne The Rialto Review: Heritage Meets Five-Star

1890s Venetian Gothic architecture meets modern five-star

Luxury Hotel
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$320

/night

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4.4/10

Our Verdict

The Rialto conversion is one of Melbourne's more interesting hotel stories , an 1890s Venetian Gothic wool store turned into a proper five-star. The heritage architecture gives it a sense of place that glass-tower hotels can't replicate. The Club InterContinental lounge is one of Melbourne's best. Rooms in the heritage wing have character; rooms in the tower are more generic. It sits at the Spencer Street end of Collins, which is less premium than the Paris end but closer to Southern Cross Station and Docklands.

Best For

  • Architecture enthusiasts
  • Business travellers wanting character
  • Club lounge regulars
  • IHG loyalty members
  • Clients who appreciate heritage

Skip If

  • Want the Paris end of Collins Street
  • Prefer ultra-modern design
  • Need cutting-edge gym facilities
  • Budget under $300/night
From
$320/night
Check Availability

At a Glance

What We Love

  • Heritage Venetian Gothic building is genuinely impressive , the atrium and facade are architectural highlights
  • Club InterContinental lounge is one of Melbourne's best hotel clubs (food quality, not just drinks)
  • Rooms in the heritage wing have exposed brick, original features, and real character
  • Indoor pool and spa in a heritage setting , atmospheric rather than just functional
  • Spencer Street end location is actually convenient for Southern Cross Station and SkyBus
  • Meeting rooms in the heritage wing are distinctive , clients remember them

Consider

  • Spencer Street end of Collins is less premium than the Parliament end , more corporate, fewer restaurants within walking distance
  • Tower wing rooms are generic , you lose the heritage feel entirely
  • Some heritage rooms have irregular layouts (thick walls, odd corners) that reduce usable space
  • The gym is small and could use updating , fine for a morning jog, not for serious training
  • Street noise on Collins Street-facing rooms can be noticeable (trams)
  • WiFi speeds are adequate but not exceptional for a five-star business hotel

The Rooms

Two distinct room experiences. Heritage wing rooms (the original 1890s building) have exposed brick walls, higher ceilings, and architectural details that give genuine character. They're quieter and feel more intimate. Tower wing rooms are a standard modern hotel experience , fine, but nothing to write home about. Always request heritage wing when booking. Standard rooms are 32sqm, which is modest. Club rooms on higher floors add lounge access and better views. Suites in the heritage section are the real highlight , arched windows, original stonework, proper living spaces.

Room Types

Room Type
Size
From
Best For
Classic Room (Tower)
Most Popular
32 sqm$320Budget business stays
Heritage Room
32 sqm$370Character and quiet
Club InterContinental Room
35 sqm$450Business travellers, lounge access
Heritage Suite
55 sqm$700Client entertainment, longer stays
Rialto Suite
85 sqm$1100Special occasions

Classic Room (Tower)

Most Popular
$320
/night
32 sqm
Budget business stays

Heritage Room

$370
/night
32 sqm
Character and quiet

Club InterContinental Room

$450
/night
35 sqm
Business travellers, lounge access

Heritage Suite

$700
/night
55 sqm
Client entertainment, longer stays

Rialto Suite

$1100
/night
85 sqm
Special occasions

Location

495 Collins Street sits at the Spencer Street (west) end, a 5-minute walk from Southern Cross Station. This is convenient for SkyBus airport transfers and regional trains but less so for the theatre district and premium dining at the Paris end. The free tram on Collins Street connects you east in minutes. Docklands is 5 minutes walk , useful if your meetings are in the newer precinct. The immediate surroundings are more corporate than tourist-friendly.

Prime Melbourne location
Valet parking available
Free high-speed WiFi

Amenities

Indoor heated pool in the heritage wing basement , stone walls and low lighting make it atmospheric. Small but adequate gym. Spa with a decent treatment menu. The standout is Club InterContinental on the upper floors , breakfast spread is above average (proper hot options, good coffee), afternoon tea is generous, and evening canapes effectively replace dinner on light nights. The heritage-setting meeting rooms are a genuine competitive advantage for client entertainment.

Pool
Fitness Center
Restaurant
Free WiFi

Dining

Rialto Bar & Bistro serves modern Australian in the heritage atrium space , the setting does the heavy lifting. Food is solid, not exceptional. The bar area works well for after-work drinks and the architecture makes it a conversation starter. For serious dining, you're 10-15 minutes walk from the Paris end options or a short tram ride to Flinders Lane.

Service

IHG service standards apply , professional, consistent, occasionally corporate-feeling. Club floor staff are more attentive and personalised. The concierge is knowledgeable about Melbourne beyond the tourist script, which matters for business travellers needing restaurant bookings or local recommendations.

Value for Money

Standard rooms from $320-420/night. Club InterContinental rooms from $420-550. Heritage suites from $700+. For IHG loyalty members, this is Melbourne's best high-tier property and the points value is reasonable. The Club upgrade is the smart spend , the food and drinks easily offset the premium. Against competitors: cheaper than Park Hyatt, comparable to Grand Hyatt, more character than Sofitel. The heritage factor is the differentiator , if that matters to you, nothing else in Melbourne competes.

Frequently Asked Questions

Frequently Asked Questions

Should I book the heritage wing or the tower?
Heritage wing, always. The whole point of this hotel is the 1890s architecture. Tower rooms are a generic five-star experience you can get anywhere. Specify heritage wing when booking and confirm at check-in.
Is the Club InterContinental lounge worth it?
Yes, especially for business travellers. Breakfast is a proper spread, afternoon tea is generous, and evening canapes can replace a light dinner. The food quality is above the typical hotel club standard.
How far is InterContinental from the main Collins Street area?
It's at the Spencer Street (west) end of Collins. The Paris end (theatre district, premium dining) is a 15-minute walk or a 5-minute free tram ride. This location suits Southern Cross Station access but is less walkable for evening entertainment.
Is this hotel good for IHG loyalty members?
It's Melbourne's best IHG property and a reasonable points redemption. Ambassador members get guaranteed Club upgrades when available. If you're building or burning IHG points, this is the Melbourne choice.
4.4
From $320/night
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On This Page

The RoomsLocationAmenitiesDiningServiceValue for MoneyFAQ

Hotel Details

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