Posted by William Charles on July 21, 2019
Hotel Booking

Published on July 21st, 2019 | by William Charles

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IHG Acquires Luxury Six Senses Hotels Resorts Spa For $300 Million

Update 7/21/19: TPG is reporting that Six Senses properties are starting to show up in IHG rewards searches, but they currently error out when booking. I imagine IHG is aiming to add all Six Sense properties before making them bookable. You’d expect that to happen with an official announcement on Monday.

IHG has announced that they are acquiring Six Senses Hotels Resorts Spas for $300 million. Six Senses manages a total of 16 hotels and resorts (1,347 total rooms), with another 18 management contracts in the pipeline and a further 50 deals in ‘active discussion’. This follows on from IHG’s expansion into the luxury market with the previous Kimpton & Regent acquisition. At this stage it’s not clear when Six Senses will be rolled into IHG.



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John
John

300 mil is a deal for 16 hotels. Hyatt paid more than that for 1.

Mark
Mark

They didn’t buy hotels. They bought a hotel management company whose contract covers those hotels.

Grant

“I see dead people” – Six Sense movie quote 🙂

escot
escot

good metaphor for what’s left of the IHG rewards program too…. been slowly, steadily dying…. tainted and transformed by the high end glitz in the midst…. so many once fab ihg promos now all but dead.

benjinito
benjinito

This is great news. Six Senses is a very nice brand.

dizzy
dizzy

Oh dang, they have a property (or several? confusing) in Bhutan. Um, Bhutan on points would be a pretty dope IHG award. Current rates $1k-1.5k

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