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IHG to buys Six Senses as new niche
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Key Words：IHG
Time：2019-02-21 11:11
InterContinental Hotels Group continues to reshape its premier luxury offerings as the Denham, England-based company has acquired Six Senses Hotels Resorts Spas for $300 million.
The deal, which does not include any real estate, sees Six Senses’ management and portfolio of 16 hotels join IHG, along with 18 management contracts in its pipeline and an additional 50 in active discussion, according to a news release announcing the deal. The seller is Greenwich, Connecticut-based Pegasus Capital Advisors.
The Six Senses deal follows IHG’s acquisitions of Kimpton Hotels & Restaurants in late 2014 and Regent Hotels & Resorts in 2018, both of which in turn sat at the top of its brand pyramid.
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