InterContinental Hotel Group (IHG) acquires Six Senses for $300 million

IHG buys luxury hotel operator Six Senses Hotels Resorts & Spas from Pegasus Capital Advisors for $300 million. Revealing a move which increases IHG’s global presence and adds a hefty number of luxurious properties in some of the world’s most desirable and exotic destinations, the purchase of Six Senses by the hospitality goliath has been announced. Huge acquisitions are always a hot topic in the hospitality industry, and the latest news that industry giant InterContinental Hotel Group has bought luxury hotel group Six Senses from  Pegasus Capital Advisors certainly falls into that category. For the cool price of $300m, IHG now takes control of all of Six Senses’ 16 hotels, 18 management contracts in the pipeline and more than 50 deals currently in negotiation. The move reflects IHG’s ambition to expand further into the luxury market, and Six Senses’ portfolio of idyllic properties in the Maldives, Thailand, Oman and Portugal, to name but a few, fully cements this intention. Six Senses will sit above IHG’s other luxury acquisitions of late, including Regent Hotels and Kimpton Hotels. Keith Barr, Chief Executive Officer of IHG, said, “Six Senses is an outstanding brand in the top-tier of luxury and one we’ve admired for some time. You only have to look at its iconic hotels and resorts to see how this acquisition will further round out our luxury offer. With a focus on wellness and sustainability, Six Senses has been voted the world’s top hotel brand for the past two years, which is a testament to its impressive management team who bring deep experience to IHG’s luxury operations.” The acquisition was conducted for $300m in cash and involves the sale of the Six Senses brand and its management business. While Six Senses has been operating as an asset-light business, IHG intends to grow Six Senses substantially over the next 10 years to reach a total of approximately 60 properties. The purchase does not include any real estate assets, but focuses on incorporating Six Senses spas, which total 37 under the Six Senses and LivNordic brands. The process of acquisition is a complex one, further complicated by the spa element, so no doubt both IHG and Six Senses were grateful that consultancy firm Horwath HTL Health and Wellness were on hand to advise. The company’s experience in wellness undoubtedly proved invaluable, and Ingo Schweder, Managing Director of Horwath HTL Health and Wellness, spoke of the trajectory of the wellness industry, saying, “With IHG’s acquisition of Six Senses, we see yet another major hospitality group making a large, strategic investment in wellness, signalling that wellness is not a fad but, in fact, the new reality and a necessary component of the hospitality business. People are becoming increasingly concerned about their health and wellbeing and investing in themselves to ensure an optimal status of health whether at home or while traveling.”

Estimation of the accommodation of more than 5 million Nowruz tourists in Fars province

Mashhad city is ready to welcome Nowruz tourists

Congratulation for Nowruz; Dr. Jamshid Hamzozadeh, head of Hoteliers Society in Iran

Stein Eriksen Residences Unveils New Restaurant The 7-8-8-0 Club – Utah, USA

Stein Eriksen Residences, the finest mountain lodging experience in modern luxury, welcomes guests to its onsite dining establishment, The 7-8-8-0 Club, now open for the 2019 winter season. The latest addition to Stein Collection’s world-renowned restaurants, The 7-8-8-0 Club features an innovative menu of new favourites and savoury foods with convenient ski-out/ski-in access for skiers enjoying the slopes of Deer Valley Resort. Menu items include delectable dishes like Short Rib Poutine, Edamame & Cashew Hummus with Crudité Vegetables, and Utah Smoked Trout Mousse. Winter season brings an après-ski experience that is impeccably complemented by the spectacular snow-capped mountain views while cool summer nights pair perfectly with the open terrace and inviting fire pits – not to mention the expansive vistas

The atmosphere of the hotel industry in Fars province on Nowruz

The atmosphere of the hotel industry of Isfahan near Nowruz

Pricing and Hotel Rates in Nowruz around the country

Hotel Montchalet: From infrared saunas and smart dining room to transfer guests in Maserati

Set in the idyllic mountain village of Ortisei, in Val Gardena, Hotel Montchalet is surrounded by the soaring natural wonders of the Dolomites, a UNESCO World Heritage Site. The property combines four ranges of luxury suites (silver, gold, platinum and VIP) featuring pebble tones and crisp whites, silver tints and charcoal accents – alongside beautifully exposed wood. Some of the suites even include their own private infrared saunas as well as steam baths and outdoor Jacuzzis. Its spa and wellness area has been designed to ensure deep relaxation boasting unique facilities such as futuristic floating sunbeds by NU RELAX, an indoor pool, experience showers and a fitness area with Technogym machines. When it comes to gastronomy, the smartly-dressed dining room exudes a sense of high-altitude glitz serving wellness cuisine with reimagined traditional Tyrolean recipes. The property provides daily Maserati transfers to Europe’s finest slopes as well as sleigh rides and snowshoeing during the winter. Guests looking to enjoy active holidays need only ask the hotel’s knowledgeable concierge team. From organising golf or tennis lessons, mountain biking, paragliding to hiking routes in the Dolomites, they know the region like the back of their hands.

The motto of tourism in Nowruz

No increase in Hotels, Resorts and Accommodations' rates in Nowruz

Quinta da Comporta is the new sustainable signature project

Located in the heart of Comporta’s idyllic village, Quinta da Comporta is the new sustainable signature project envisioned and designed by renowned Portuguese architect, Miguel Câncio Martins. Nestled on a stunning 17-hectare estate, surrounded by undulating umbrella pines and cork trees, wild sand dunes, stunning rice fields and over 60km of pristine, white-sand beaches, the hotel features whitewashed walls and cool-toned touches, reflective of both traditional Portuguese style and contemporary design. Each room has a luxurious beach hut feel, with rustic-style furniture drawn from a natural colour palette and sun-bleached woods that merge seamlessly with the hotel’s beautiful surroundings. The restaurant serves organic and fresh produce that is locally sourced and harvested in the hotel’s Bio Garden. Rising out of the Rice Fields just over the heated Infinity Pool, Oryza Spa uses rice as the core element of inspiration, sourcing its health and holistic benefits through the development of innovative treatments and products that are exclusive to the spa. Guests should pay a visit to Comporta Café on Comporta beach, a rustic lounge bar featuring a row of white cabanas and DJs spinning house music at sunset. It is a great place to enjoy a cocktail or a plate of seafood.