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NEWS
IHG acquires Six Senses in US$300m deal
POSTED 13 Feb 2019 . BY Lauren Heath-Jones
The acquisition includes all of the Six Sense brands and operating companies
InterContinental Hotels Group (IHG) has acquired wellness resort brand Six Senses from Pegasus Capital Advisors for a reported US$300m in cash.

The sale includes the management of 16 Six Senses hotels and resorts, 37 spas, and sister spa management companies Evason and Raison d’Etre. Following the acquisition, Six Senses is now expected to grow to 60 hotels within the next 10 years.

“This is an exciting new era for Six Senses,” said Six Senses CEO Neil Jacobs. “IHG believes in our purpose to merge the two platforms of wellness and sustainability to promote personal health, and the health of the planet. Joining forces with IHG means we can use a wealth of systems and operational excellence to grow our brand and reach new markets without losing our quirky personality and playful touch. It’s been a great pleasure to work with Pegasus over the last six years and we would never have reached this milestone without their vision and deep involvement.”

Over the next 12 months, Six Senses will open properties in locations including the private island of Krabey in Cambodia, a circuit of five lodges in Bhutan, and a 14th-century-old restored fort in Rajasthan.

Upcoming openings also include a desert hideaway in Israel’s Negev Desert, the transformation of a series of 19th-century mansions in Istanbul and the group’s first project in North America, a contemporary duo of twisting towers designed by Bjarke Ingles located in Manhattan’s West Chelsea neighbourhood and along the High Line.

Additional projects are currently under way in Austria, Brazil, Mainland China, Spain, Switzerland, Taiwan and Thailand.

"Six Senses' attractive development pipeline provides us with a platform for high-quality growth," said Keith Barr, CEO of IHG. "With the power of the IHG enterprise, we believe we can expand acquisition continues the progress we've made against the strategic initiatives we outlines a year ago, which included a commitment to adding new brands in the fast growing US$60bn luxury segment."

IHG also recently acquired and repositioned Regent Hotels & Resorts. In addition to the InterContinental brand, it also operates Kimpton Hotels & Restaurants, for which IHG has secured a presence in 14 countries since its acquisition of the brand in 2015.

The acquisition of Six Senses takes IHG’s portfolio of open and pipeline luxury hotels to 400 hotels, and 108,000 bedrooms, globally.


RELATED STORIES
  Edwardian-era landmark Kimpton Fitzroy returns with revamped designs


The Kimpton Fitzroy, the first UK hotel from global luxury brand InterContinental Hotels Group (IHG), has reopened its doors on Russell Square in London following a six-month restoration.
  World’s first subterranean resort opens in Shanghai


The Shimao Wonderland InterContinental (IHG), the world’s first underground hotel has opened in Songjiang, roughly 22 miles (35 km) from Shanghai in the Sheshan Mountain Range.
  IHG expands Even Hotels presence with three new US locations


InterContinental Hotels Group will add three of its wellness-focussed Even Hotels in the US in Michigan, North Carolina and Texas. Even Hotel Ann Arbor, Even Hotel Charlotte and Even Hotel Austin are all expected to open before the first quarter of 2020.
  IHG expands Even Hotels presence with three new US locations


InterContinental Hotels Group will add three of its wellness-focussed Even Hotels in the US in Michigan, North Carolina and Texas. Even Hotel Ann Arbor, Even Hotel Charlotte and Even Hotel Austin are all expected to open before the first quarter of 2020.
MORE NEWS
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QC New York to unveil 15,000sq ft multimillion-dollar expansion in July
QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room.
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
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23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30-30 May 2024

Forum HOTel&SPA

Four Seasons Hotel George V, Paris, France
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News   Products   Magazine   Subscribe
NEWS
IHG acquires Six Senses in US$300m deal
POSTED 13 Feb 2019 . BY Lauren Heath-Jones
The acquisition includes all of the Six Sense brands and operating companies
InterContinental Hotels Group (IHG) has acquired wellness resort brand Six Senses from Pegasus Capital Advisors for a reported US$300m in cash.

The sale includes the management of 16 Six Senses hotels and resorts, 37 spas, and sister spa management companies Evason and Raison d’Etre. Following the acquisition, Six Senses is now expected to grow to 60 hotels within the next 10 years.

“This is an exciting new era for Six Senses,” said Six Senses CEO Neil Jacobs. “IHG believes in our purpose to merge the two platforms of wellness and sustainability to promote personal health, and the health of the planet. Joining forces with IHG means we can use a wealth of systems and operational excellence to grow our brand and reach new markets without losing our quirky personality and playful touch. It’s been a great pleasure to work with Pegasus over the last six years and we would never have reached this milestone without their vision and deep involvement.”

Over the next 12 months, Six Senses will open properties in locations including the private island of Krabey in Cambodia, a circuit of five lodges in Bhutan, and a 14th-century-old restored fort in Rajasthan.

Upcoming openings also include a desert hideaway in Israel’s Negev Desert, the transformation of a series of 19th-century mansions in Istanbul and the group’s first project in North America, a contemporary duo of twisting towers designed by Bjarke Ingles located in Manhattan’s West Chelsea neighbourhood and along the High Line.

Additional projects are currently under way in Austria, Brazil, Mainland China, Spain, Switzerland, Taiwan and Thailand.

"Six Senses' attractive development pipeline provides us with a platform for high-quality growth," said Keith Barr, CEO of IHG. "With the power of the IHG enterprise, we believe we can expand acquisition continues the progress we've made against the strategic initiatives we outlines a year ago, which included a commitment to adding new brands in the fast growing US$60bn luxury segment."

IHG also recently acquired and repositioned Regent Hotels & Resorts. In addition to the InterContinental brand, it also operates Kimpton Hotels & Restaurants, for which IHG has secured a presence in 14 countries since its acquisition of the brand in 2015.

The acquisition of Six Senses takes IHG’s portfolio of open and pipeline luxury hotels to 400 hotels, and 108,000 bedrooms, globally.


RELATED STORIES
Edwardian-era landmark Kimpton Fitzroy returns with revamped designs


The Kimpton Fitzroy, the first UK hotel from global luxury brand InterContinental Hotels Group (IHG), has reopened its doors on Russell Square in London following a six-month restoration.
World’s first subterranean resort opens in Shanghai


The Shimao Wonderland InterContinental (IHG), the world’s first underground hotel has opened in Songjiang, roughly 22 miles (35 km) from Shanghai in the Sheshan Mountain Range.
IHG expands Even Hotels presence with three new US locations


InterContinental Hotels Group will add three of its wellness-focussed Even Hotels in the US in Michigan, North Carolina and Texas. Even Hotel Ann Arbor, Even Hotel Charlotte and Even Hotel Austin are all expected to open before the first quarter of 2020.
IHG expands Even Hotels presence with three new US locations


InterContinental Hotels Group will add three of its wellness-focussed Even Hotels in the US in Michigan, North Carolina and Texas. Even Hotel Ann Arbor, Even Hotel Charlotte and Even Hotel Austin are all expected to open before the first quarter of 2020.
MORE NEWS
Connection, creativity and nature inspire Arizona’s upcoming desert wellness sanctuary Align
A new nature-inspired wellness destination called Align is coming to Tucson, spearheaded by brothers and local hospitality entrepreneurs Mark and Eric Erman.
The Well names Zeev Sharon chief development officer and announces plans for Swiss debut
Modern US wellness brand The Well has promoted Zeev Sharon, formerly VP of real estate, to chief development officer.
QC New York to unveil 15,000sq ft multimillion-dollar expansion in July
QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room.
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan.
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa.
+ More news   
 
FEATURED SUPPLIERS

Book4Time unveils enhanced day and resort pass functionality
Book4Time has announced the launch of Day & Resort Passes on its award-winning platform to help hotels and resorts drive staycation business. [more...]

Step into a world of wellness with the Himalayan Source Salt Capsule
Himalayan Source has launched the Himalayan Salt Capsule to help spa, wellness and fitness facilities or residences upgrade their offering with halotherapy. [more...]
+ More featured suppliers  
COMPANY PROFILES
SKINHAPTICS

Founded by biochemist Sandrine Dahan in 2010 in Paris, Skinhaptics is an expert French skincare br [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30-30 May 2024

Forum HOTel&SPA

Four Seasons Hotel George V, Paris, France
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS