IHG acquires Six Senses in $300 million deal

Following the acquisition, Six Senses is planning a major expansion within the next decade.

Six Senses Hotels Resorts Spas is now part of the InterContinental Hotels Group (IHG), following a US$300 million purchase deal.

IHG purchased the hospitality and wellness company from private equity fund Pegasus Capital Advisors and will now take over management of 16 hotels and resorts, 37 spas and sister companies Evason and Raison d’Etre.

Six Senses CEO Neil Jacobs said the acquisition marks an exciting era for the company.

“IHG believes in our purpose to merge the two platforms of wellness and sustainability to promote personal health, and the health of the planet,” he said.

“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.”

Following the acquisition, Six Senses is now expected to grow to 60 hotels within the next decade.

Six Senses have a number of openings planned for the next 12 months including a property on the private island of Krabey in Cambodia, a circuit of five lodges in Bhutan and 14th-century restored fort in Rajasthan.

Additional projects are currently underway in Austria, Brazil, Mainland China, Spain, Switzerland, Taiwan and Thailand.

IHG chief executive Keith Barr said the deal will help grow IHG’s portfolio of luxury brands.

“Each one offers something unique to our guests, and together they offer an unparalleled choice of locations and experiences,” he said.

“We’re incredibly proud to welcome Six Senses in to 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.”

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