InterContinental Resorts Group acquires Six Senses in $300m deal | Information

IHG has acquired Six Senses in a deal price US$300 million.

Formally often known as Six Senses Resorts Resorts Spa, InterContinental Resorts Group acquired the hospitality and wellness firm from non-public fairness fund Pegasus Capital Advisors.

The sale consists of the administration of 16 inns and resorts, 37 spas and sister firms Evason and Raison d’Etre.

Following the acquisition Six Senses is now anticipated to develop to 60 inns inside the subsequent ten years.

“That is an thrilling new period for Six Senses,” stated Six Senses chief govt, Neil Jacobs.

“IHG believes in our goal to merge the 2 platforms of wellness and sustainability to advertise private well being, and the well being of the planet.

“Becoming a member of forces with IHG means we are able to use a wealth of programs and operational excellence to develop our model and attain new markets with out dropping our quirky character and playful contact.

“It’s been a terrific pleasure to work with Pegasus over the past six years and we might by no means have reached this milestone with out their imaginative and prescient and deep involvement.”

Over the subsequent 12 months, Six Senses will open properties in stunning places.

From the non-public island of Krabey in Cambodia, a circuit of 5 lodges in Bhutan, to a 14th century restored fort in Rajasthan.

IHG chief govt, Keith Barr, stated: “IHG’s rising portfolio of luxurious manufacturers is a set of the perfect within the journey trade.

“Each provides one thing distinctive to our friends, and collectively they provide an unparalleled alternative of places and experiences.

“We’re extremely proud to welcome Six Senses into our household of manufacturers and sit up for opening extra beautiful inns, resorts and spas – each staying true to Six Senses’ world-renowned popularity for wellness and an unwavering dedication to purposeful journey.”

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