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IHG has acquired Six Senses in a deal worth US$300 million.
Formally known as Six Senses Hotels Resorts Spa, InterContinental Hotels Group acquired the hospitality and wellness company from private equity fund Pegasus Capital Advisors.
The sale includes the management of 16 hotels and resorts, 37 spas and sister companies Evason and Raison d’Etre.
Following the acquisition Six Senses is now expected to grow to 60 hotels within the next ten years.
“This is an exciting new era for Six Senses,” said Six Senses chief executive, Neil Jacobs.
“IHG believes in our purpose to merge the two platforms of wellness and sustainability to promote personal health, and the health of the planet.
“Joining forces with IHG means we can use a wealth of systems and operational excellence to grow our brand and reach new markets without losing our quirky personality and playful touch.
“It’s been a great pleasure to work with Pegasus over the last six years and we would never have reached this milestone without their vision and deep involvement.”
Over the next 12 months, Six Senses will open properties in surprising locations.
From the private island of Krabey in Cambodia, a circuit of five lodges in Bhutan, to a 14th century restored fort in Rajasthan.
IHG chief executive, Keith Barr, said: “IHG’s growing portfolio of luxury brands is a collection of the very best in the travel industry.
“Each one offers something unique to our guests, and together they offer an unparalleled choice of locations and experiences.
“We’re incredibly proud to welcome Six Senses into our family of brands and look forward to opening more stunning hotels, resorts and spas – each one staying true to Six Senses’ world-renowned reputation for wellness and an unwavering commitment to purposeful travel.”
Source: breakingtravelnews.com
