IHG has purchased award-winning hospitality and wellness company, Six Senses Hotels Resorts Spas, from private equity fund Pegasus Capital Advisors for USD 300 million.
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 10 years.
“This is an exciting new era for Six Senses,” said Chief Executive Officer, 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.”
IHG’s Chief Executive, Keith Barr adds: “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.”
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 14thcentury restored fort in Rajasthan.