InterContinental Hotels Group (IHG®) has bought Six Senses Hotels Resorts Spas in deal worth $300 million in cash.
Six Senses is one of the world’s leading operators of luxury hotels, resorts and spas with 16 hotels and resorts across 12 countries in some of the most sought-after locations, such as Bhutan, Seychelles and Fiji.
The deal includes the entirety of Six Senses’ brands and operating companies, but does not include any real estate assets.
Neil Jacobs, Chief Executive Officer, Six Senses Hotels Resorts Spas, said: “An outstanding business has been built over the past 20 years, and a respected portfolio of hotels and resorts, with wellness and sustainability at their heart. This distinct proposition and the popularity of our award-winning estate, combined with IHG’s scale, systems and expertise gives us the opportunity to accelerate Six Senses’ global growth.”
Keith Barr, Chief Executive Officer, IHG, 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.”
IHG’s vast portfolio of hotels includes Regent Hotels & Resorts, InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts and Holiday Inn. The group currently owns 5,500 hotels with approximately 826,000 guest rooms in almost 100 countries.
InterContinental Hotels Group PLC (IHG:LON) is a UK company and currently employs more than 375,000 globally.