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Six Senses reveals expansion strategy
By Sarah Todd
Six Senses Resorts and Spas group is currently looking at identifying financial partners to launch a vehicle that can buy into troubled resorts, as well as resort developments seeking capital.
Chief financial advisor Simon Allison believes excellent returns can be made from acquiring properties in good locations at competitive prices.
However, while high-end resorts may seek the protection of a global brand such as Six Senses in the coming months, Chief Executive Sonu Shivdasani emphasised that the group will be "extremely selective" about taking on existing properties. Details: sixsenses.com
Six Senses Resorts and Spas group is currently looking at identifying financial partners to launch a vehicle that can buy into troubled resorts, as well as resort developments seeking capital.
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