• IHG buys Six Senses

IHG has acquired luxury resorts brand Six Senses. A USD300m deal with seller Pegasus Capital Advisors gives IHG the brand, and management of 16 properties.

The Six Senses business currently generates fee revenues of USD13m. A further 18 properties are signed into the pipeline, with IHG looking to spur further growth.

Read the full story here:

https://www.ihgplc.com/en/news-and-media/news-releases/2019/ihg-further-expands-luxury-footprint-with-acquisition-of-six-senses-hotels-resorts-spas

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