InterContinental Lands Another Luxury Brand
Skift Take
Luxury Travel News
The Skift New Luxury column is our weekly column focused on the business of selling luxury travel, the people and companies creating and selling experiences, emerging trends, and the changing consumer habits around the sector.InterContinental Hotels Group CEO Keith Barr is making good on the promise he made to expand the company’s luxury footprint.
After taking a 51 percent stake in Regent Hotels last year, the company is now adding Six Senses to its formidable lineup.
In a lot of ways it makes sense. It gives IHG a greater footprint in Asia, while also helping the company up its wellness game.
Will this be the end of the spending spree, or will IHG look to splash some more cash?
For feedback or news tips, reach out via email at [email protected] or tweet me @paddywhyte.
— Patrick Whyte, Europe Editor
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InterContinental Hotels Makes Asia Luxury Push With Six Senses Acquisition: InterContinental Hotel Group’s purchase of Six Senses Hotels Resorts Spas is consistent with its drive to boost its luxury portfolio with small yet well-defined brands that do not cannibalize one another. So smart.
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Skift Europe Editor Patrick Whyte [[email protected]] curates the New Luxury newsletter. Skift emails the newsletter every Tuesday.