NEWS
IHG acquires Six Senses in US$300m deal
POSTED 13 Feb 2019 . BY Lauren Heath-Jones
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.


 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Spa Opportunities: - IHG acquires Six Senses in US$300m deal...
Sign up for FREE ezine
Spa Jobs spa Industry News spa training spa oppportunities magazine spa opportunities blog spa-kit.net spa industry products Submit your news Advertise on Spa Opportunities Contact us at Leisure Media Follow us on Twitter Like us on Facebook

Jobs Search






diarydates

  Powered by leisurediary.com
30 Mar - 01 Apr 2019
International Esthetics, Cosmetics & Spa Conference Chicago
McCormick Place, Chicago, United States
07-08 Apr 2019
Natural Beauty & Spa Show
ExCeL London, London, United Kingdom

spa-kit
suppliers news


Helping your business prosper in 2019

The Natural Beauty & Spa Show returns to Excel London on 7 & 8 April.

beauty-kit


Style and innovation feature in Nizels health club upgrade
Crown Sports Lockers has combined innovative design with changing room provision and project delivery excellence for a refurbishment at Nizels Golf & Country Club in Kent.


 
latest spa jobs
1 to 0 of 0 Jobs
Spa Therapist
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Senior Spa Therapist
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Beauty Therapist
Urban Retreat
Salary: Competitive
Job location: Knightsbridge, London, UK More>>
 



Spa Therapist
The Scarlet Hotel
Salary: Competitive plus uncapped commission
Job location: Newquay, UK More>>
 


Spa Host
Bedruthan Hotel
Salary: Competitive
Job location: Newquay, UK More>>
 


Spa Attendant
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Jobs page:


 
latest spa news

13 Feb 2019

IHG acquires Six Senses in US$300m deal

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.





Connect with
Spa Opportunities
Magazine:
View latest issue
Sign up:
Instant Alerts/zines

Print edition
 

Rosewood Baha Mar adding children’s yoga series
SBE teases first images of its upcoming Dubai Hotel and Residences
COMO to open 15th property in historic Tuscan castello
Armathwaite Hall combines wildlife and wellness with new 'Lemoga' experience
Canyon Ranch launching new wellness retreat concept in California
Carden Park unveils first look at upcoming spa garden
 
Catalogue gallery



Featured supplier




Invest in your employees – and your company – with FH Joanneum’s MBA in spa management

The FH Joanneum University of Applied Sciences offers a unique MBA programme in International Hospitality and Spa Management, and for the first time, is offering substantial financial grants for students who begin the course this year.


Company profile



Focus Training is a leading provider of Active IQ and YMCA Awards certified Personal Trainer courses. Flexible learning with full and part time courses available at venues across the UK.
View full profile>>

spa directory

Consultancy & management

Skincare

Consultancy & management

Spa and beauty equipment

Skincare

Spa & beauty infrared treatment beds

Saunas, steamrooms and spas

Spa uniforms

Skincare

Spa and beauty equipment



Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd