InterContinental Hotels Group has reinforced its position as the largest luxury hotel brand in the world with the $300m purchase of Six Senses Hotels Resorts Spas.
The acquisition extends IHG’s reach to a community of affluent travellers and provides instant access to some of the world’s most sought-after locations including the Maldives, pictured top of page, the Seychelles, Zighy Bay in Oman and Portugal’s Douro Valley.
Six Senses, which will sit at the top of IHG’s luxury portfolio, currently manages 16 hotels and resorts, with 18 management contracts in the pipeline and more than 50 further deals under active discussion.
The acquisition from Pegasus Capital Advisors includes all of Six Senses’ brands and operating companies and does not include any real estate assets.
IHG’s CEO, Keith Barr, said: “Six Senses is an outstanding brand in the top-tier of luxury and one we’ve admired for some time.
“You only have to look at its iconic hotels and resorts to see how this acquisition will further round out our luxury offer.
“With a focus on wellness and sustainability, Six Senses has been voted the world’s top hotel brand for the past two years, which is testament to its impressive management team who bring deep experience to IHG’s luxury operations.”
