InterContinental Hotel Group, a British multinational hospitality company, acquired Six Senses Hotels Resorts Spas, one of the world's leading operators of luxury hotels, resorts and spas, from Pegasus Capital for $300m. The acquisition includes all of Six Senses' brands and operating companies and does not include any real estate assets. Keith Barr, Chief Executive Officer, IHG, commented: "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 testament to its impressive management team who bring deep experience to IHG's luxury operations. Six Senses' attractive development pipeline provides us with a platform for high quality growth. With the power of the IHG enterprise, we believe we can expand Six Senses to more than 60 properties globally over the next decade. This acquisition continues the progress we've made against the strategic initiatives we outlined a year ago, which included a commitment to adding new brands in the fast-growing $60bn luxury segment."