With a further 50 deals under active discussion, IHG expects to accelerate Six Senses’ growth globally to more than 60 hotels over the next 10 years. Six Senses will sit at the top of IHG’s luxury portfolio, complementing the world’s largest luxury hotel brand, InterContinental Hotels & Resorts; the recently acquired and repositioned Regent Hotels & Resorts; and Kimpton Hotels & Restaurants, for which IHG has secured a presence in 14 countries, since its acquisition of the brand in 2015. This includes bringing Six Senses to important urban markets, with a contemporary duo of twisting towers located in Manhattan’s West Chelsea neighborhood along the High Line already under construction. The revamp drew inspiration from the Mayan culture. Cloudflare Ray ID: 5f89ad070851c82b History. For tax purposes, the transaction constitutes an asset sale for the purchaser, and as such IHG will be entitled to amortise the assets acquired. First up is Six Senses Krabey Island, which will show off its 40 villas and private plunge pools when it debuts on March 1, 2019. Are you prepared to guide your clients through the “new normal” of travel? Please visit www.sixsenses.com for more information. The upcoming installment of our FREE virtual series will feature presentations from the Cayman Islands, Dominican Republic, and Seabourn on their most up-to-date travel procedures, health & safety protocols they’ve implemented to keep guests safe, activities that are open to visitors, what your clients need to know while on their trip and more! There are some buzzworthy projects in the pipeline: A private-island resort on Krabey in Cambodia, a circuit of five lodges in Bhutan, a hotel inside a 14th-century fort in Rajasthan. Six Senses Resorts & Spas develops and manages resorts and spas. The Six Senses brand has gained a cult following over the years for its focus on sustainability, design, and wellness. Laurel Brunvoll of Unforgettable Trips recently returned from a cruise on SeaDream I, which ended early due to guests testing positive for COVID-19. © 2020 Questex LLC. Today’s acquisition of Six Senses takes IHG’s portfolio of open and pipeline luxury hotels to 400 hotels (108,000 rooms) globally. Additional projects are currently under way in Austria, Brazil, Mainland China, Spain, Switzerland, Taiwan and Thailand. At Six Senses’ core is a commitment to guest rejuvenation and reconnection, with an expert focus on wellness and sustainability. All rights reserved. Marriott International Inc. Brands. IHG purchased the group from private equity fund Pegasus Capital Advisors for $300 million—and it includes the management of 16 hotels and resorts, 37 spas and sister companies Evason and Raison d’Etre. All rights reserved. Copyright © 1998 - 2020 Hotel News Resource. IHG Buys Six Senses Brands for $300 million, IHG Hotels & Resorts Announces Global Sales Leadership Appointments →, IHG Expands Footprint in Thailand with Holiday Inn and Holiday Inn Express and Suites Phuket Kata →, Resorts and Mr & Mrs Smith Travel Club Launch Loyalty Partnership →, Sbe's Sam Nazarian Sells Remaining 50% Stake to Accor Hotels →, 492 Room Renaissance Austin Hotel Sold for $70 Million →, London Short-term Rental Occupancy Rebounds in October →, Accor Takes Full Ownership of Sbe Hotel Brands →, WTTC Hosts First Virtual AGM with over 120 Members and WTTC Ambassadors in Attendance →, 5 Ways Hotels Can Boost Their Revenue Amid The COVID Chaos →, Sage Patel Named Corporate Director of Capital Strategies for PM Hotel Group →, → U.S. Travel: Do Your Part for Public Health If You Choose to Travel for the Holidays, → Braniff Airways Signs Licensing Agreement for New Braniff Themed Hotel in Dallas, Texas, → Cutting the 14-day Quarantine to Five Days is Welcome News for the UK Travel & Tourism Sector, → TownePlace Suites by Marriott Opens in Woodbridge, Virginia, → Accor Middle East & Africa Region Expands with Addition of India and Turkey. The $300 million cash acquisition from Pegasus Capital Advisors includes all of Six Senses’ brands and operating companies and does not include any real estate assets. Now Six Senses joins the roster. Reproduction in whole or part is prohibited. Six Senses is an asset-light business. Sign up to get the latest on affluent travel news and products. The deal includes all of Six Senses’ brands and operating companies, including 37 spas and sister companies Evason and Raison d’Etre. The deal is expected to close within the next three months. The open hotels include two properties for the upscale resort brand, Evason. Six Senses Resorts & Spas develops and manages resorts and spas. © 2020 Questex LLC. InterContinental Hotels Group (IHG®) has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas. Six Senses expects to expand to 60 hotels within the next decade. © 2020 Questex LLC. Six Senses Resorts. He is also the founder and former CEO of the Six Senses Resorts & Spas that had locations throughout South East Asia and Europe, which he sold in 2012. Soneva started as a resort brand under the company Six Senses BVI, founded by Sonu Shivdasani and Eva Malmström Shivdasani in 1995. Visit www.pivotingbacktotravel to view the full agenda and register for your FREE pass.