Six Senses Hotels Resorts Spas to join IHG brand portfolio.
InterContinental Hotels Group has just announced the US$300 million cash acquisition of Six Senses Hotels Resorts Spas, with the new brand to sit at the “top of IHG’s luxury portfolio”.
The deal includes all of Six Senses’ brands and operating companies, but no real estate assets. Six Senses currently manages 16 hotels and resorts, along with 18 signed management contracts in the pipeline and a further 50-plus deals under active discussion.
IHG CEO Keith Barr said the addition would “further round out our luxury offer…with the power of the IHG enterprise we believe we can expand Six Senses to more than 60 properties globally over the next decade”.
The Six Senses management team will remain in place, he said, with the portfolio including properties in the Maldives, Fiji, Oman, the Seychelles and Portugal’s Douro Valley.
More details in tomorrow’s issue of Travel Daily.