UPDATE 1-IHG buys Six Senses Hotels business for $300 million
February 13, 2019 at 02:47 AM EST
InterContinental Hotels Group has agreed to buy the brands and operating companies of Six Senses Hotels Resorts Spas for $300 million in cash, the owner of the Crowne-Plaza and Holiday Inn chains said on Wednesday, in a move that beefs up its luxury portfolio.