Six Senses Resorts & Spas has entered into a
strategic alliance with Miami based Saudi entrepreneur, Mr. Laith
Pharaon, who will become a stakeholder in the management arm of
Six Senses group - Six Senses Mauritius.
Six Senses currently operate thirteen high-end
resorts branded as Soneva, Six Senses and Evason in the Maldives,
Thailand, Vietnam, Oman and Jordan, with new developments underway
in several additional locations. The Six Senses Spa division is
represented by twenty-seven company-operated spas, with new
developments underway in several locations. The group recently
launched the Six Senses Destination Spa brand.
Laith Pharaon serves as principal investor for
his group who are involved in a wide range of industries primarily
focused on hospitality and real estate developments worldwide.
The agreement between Six Senses and Laith
Pharaon provides for the investor to acquire a 10% stake of Six
Senses Mauritius – through a convertible instrument, with an
option for an additional 15% stake based on the achievement of
“I am personally excited to have an
investor and partner such as Laith Pharaon and his father Dr.
Ghaith Pharaon,” said Founder, Chairman and CEO of Six Senses, Sonu Shivdasani. “They have an impeccable background in the
high-end hospitality business having been significant shareholders
of Hyatt and owners of several Four Season Hotels properties, and
other luxury-branded properties in the past. Their track record of
great successes will contribute significantly to the future
development of Six Senses, adding strength and vibrancy to the
Six Senses Board Member, Wolf Hengst – Former
President of Four Seasons Hotels, reiterated the solid
relationship and support that the Pharaons had extended to Four
Seasons, and his delight in being able to work together again.
Commenting on the acquisition, Mr Laith Pharaon said, “I am
very excited to be part of Six Senses. By bringing hotel
development experience to the management side of Six Senses, I
believe this is a win-win situation for both of us.”
See other recent news regarding: