Industry Update
Press Release20 June 2012

The Soneva Group to focus on resorts with private residences

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The Soneva Group

The Soneva Group, the new company formed following the divestment of the Six Senses and Evason brands, has announced it is to focus on developing resorts with private residences.

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The move will see the Soneva Group relinquish management of Soneva Gili, which is being sold by majority shareholders Capital Holdings and HBOS, to a new owner.

The Soneva Group will focus on developing the private residence portfolio at Soneva Fushi and Soneva Kiri as well as opening new privately owned resorts in the future.

Soneva Gili was the only Soneva resort that does not contain private residences.

A deal to sell the management contracts of the majority of Six Senses and Evason branded resorts and spas has already been announced and is scheduled to close within the next few weeks.

Sonu Shivdasani, the Chairman and CEO of The Soneva Group, said: "This is in keeping with our decision to focus on developing private residences at Soneva branded resorts. Soneva Gili did not offer that potential. We will also focus on developing further Soneva resorts that will include a significant number of residential options.

The Soneva Group is looking at other remote but accessible islands to re-create an additional resort in the Maldives with the potential to sell overwater private residences in keeping with the new strategy.

The ideal location for a new Soneva will be in an atoll with less traffic and greater potential for developing private residences in tranquil surroundings.

About The Soneva Group

The Soneva Group is a world leading sustainable luxury resort operator. It is made up of Soneva Fushi and Soneva Kiri in Thailand. The company also holds a majority stake in Six Senses Laamu and Six Senses Hua Hin properties. Further Soneva resorts are planned in Sri Lanka, the Maldives and Greece. Soneva in Aqua, a new yacht experience, will be launched in the Maldives in 2013.

The company is committed to leading the fight against climate change within the tourism sector with Soneva Fushi decarbonising by the end of 2013 and the other resorts to follow.

The Soneva Group came into being following the decision by Sonu Shivdasani, the founder of Six Senses Resorts & Spas, to sell the Six Senses and Evason brands in February 2012. Mr Shivdasani retains the role of Chairman and major shareholder in the Soneva Group.

About Six Senses Hotels Resorts Spas

Six Senses Hotels Resorts Spas is one of the world's leading operators of luxury hotels, resorts and spas, managing 19 hotels and resorts across 15 countries, plus 37 spas under the brand names Six Senses, Evason, Six Senses Spas and Raison d'Etre. There are a further 18 hotels and resorts signed into its development pipeline. In February 2019, Six Senses became part of the IHG® (InterContinental Hotels Group) family of hotel brands.

Six Senses properties share a leadership commitment to community, sustainability, wellness and design, infused with a touch of quirkiness. Whether an exquisite island resort, mountain retreat or urban hotel, the enduring purpose is to help people reconnect with themselves, others and the world around them.

Six Senses Spas offers a wide range of holistic wellness, rejuvenation and beauty treatments administered under the guidance of expert therapists in all resorts as well as at 16 additional standalone spas. The high-tech and high-touch approach guides guests on their personal path to well-being, taking them as deep as they want to go.

Six Senses Residences provides the best life has to offer. From beautifully-appointed villas on the beach, rustic chalets in the mountains and spacious urban hideaways, Six Senses features a variety of residential choices in stand-alone buildings or attached to a resort or hotel. No matter the location, the promise remains the same and the commitment to create a community where every day revolves around learning and growing, great food and drink, innovative wellness programming, sustainable living - all mixed in with a lot fun.

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