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Good Sense: Pegasus Capital Acquires Six Senses Resorts & Spas

By Pardhasaradhi Gonuguntla

Hilltop Reserve at Six Senses Yao Noi Beyond Phuket, ThailandBangkok – Reported by Elite Traveler, the private jet lifestyle magazine

Pegasus Capital Advisors L.P., a US-based private equity fund manager, has acquired the luxury resort and spa management business of the Bangkok-based Six Senses Resorts & Spas.

For an undisclosed sum, Pegasus now holds all of the resort and spa management contracts and related intellectual property rights of the Six Senses and Evason branded properties. Although this transaction accounts for the luxury resort management contracts, and does not include the physical real estate, Pegasus hopes it will pave the way for the growth of the international hospitality brand.

Headed by Bernhard Bohnenberger, current president of Six Senses, the key feature of all Six Senses properties is the spa which offers a wide range of holistic wellness, rejuvenation and beauty treatments administered under the guidance of expert therapists. Six Senses Spas already have a reputation for luxury and are hosted by a number of prestigious hotels and resorts in many other locations. This is a reputation which Pegasus will strive to uphold and build on.

“Six Senses is an internationally recognized brand built on unparalleled guest service and experiences, while being a leader in sustainable hospitality with a strong sense of environmental responsibility,” said Craig Cogut, founder, Pegasus Capital Advisors.

“Same as we did in April, we see a significant opportunity for the brand to grow and continue evolving on this heritage. Six Senses is now a debt-free company, with committed capital to pursue opportunities in new and existing international markets. We are confident that our president Bernhard Bohnenberger and our management team will continue the Six Senses legacy.”

The new generation of Six Senses will include 28 branded spas around the world and the following Six Senses branded resort properties:

– Six Senses Laamu (Maldives)

– Six Senses Zighy Bay (Oman)

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– Six Senses Yao Noi Beyond Phuket (Thailand)

– Six Senses Samui (Thailand)

– Six Senses Hua Hin (Thailand)

– Six Senses Con Dao (Vietnam)

– Six Senses Ninh Van Bay (Vietnam)

– Six Senses Saigon River (Vietnam) Under Construction

– Six Senses Qing Cheng Mountain (China) Under Construction

– Evason Ana Mandara Nha Trang (Vietnam)

– Evason Hua Hin (Thailand)

– Evason Ma’In (Jordan)

The Soneva brand and resorts, as well as the company’s real estate assets and holdings, were not included in the transaction, and will continue to be led by Sonu Shivdasani, the former founder and CEO of Six Senses, who will serve as chairman and CEO and principal shareholder of The Soneva Group.

www.sixsenses.com

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