IHG, which has its Americas headquarters in Atlanta, announced Wednesday it has acquired Six Senses Hotels Resorts Spas for $300 million. The luxury hospitality brand manages 16 hotels and resorts in locations including the Maldives, Seychelles, Thailand, Oman and Portugal. It also operates 37 spas under the Six Senses and LivNordic brand names and provides spa consultancy services.

The deal does not include any real estate assets. But it does bring with it a pipeline of 18 additional hotel management contracts and 50 more in discussion, says IHG.

Six Senses will sit at the top of IHG’s luxury portfolio, says the company, joining its other brands including InterContinental and Kimpton Hotels & Resorts. The acquisition now boosts IHG’s number of luxury properties to 400 hotels (108,000 rooms) across the globe.

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