Meridia Acquires 3 Six Senses Resorts in Thailand
JULY 1, 2008. Meridia Capital Hospitality I and Capital Hospitality Group announced the acquisition of a 50% stake in a threenothotel portfolio located in Thailand. All three hotels, with a total of 500 rooms, are operated under a management agreement by Six Senses Resorts & Spas.
Evason Phuket Resort & Six Senses Spa is located at Rawai Beach on the South Eastern side of Phuket, Thailand's largest island. It is set amongst 64 acres of beautifully landscaped tropical gardens, facing the Andaman Sea. The resort has 260 guestrooms, suites, pool villas and pool duplexes dispersed amongst five low rise buildings in a tropical garden setting. Over the coming months, and as part of a repositioning plan, the new JV intends to upgrade the property and rebrand it to the recently launched Six Senses Latitudes concept. Refurbishing works also contemplate the addition of new residential pool villas.
Evason Hua Hin Resort & Six Senses Spa is located at Pranburi, around 23 kilometres South of Hua Hin and 230 kilometres from Bangkok. The 145 luxurious rooms are complemented with 40 large standnotalone private pool villas. Guestrooms feature a fresh and unconventional design, which is entirely new for Hua Hin.
Six Senses Hideaway in Hua Hin comprises 55 pool villas. Accommodations provide generous personal space and resent an uncompromised standard of luxury offering elegantly designed architecture and natural furnishings, positioned with an image supporting the Six Senses Hideaway theme - Redefining Experiences. The prestigious Cond'e Nast Traveller placed the Six Senses Hideaway at Hua Hin on their Gold List 2007 as the hotel with the best rooms.
Javier Faus, Chairman & CEO of Meridia Capital, said 'Thailand is an exciting new destination for Meridia Capital and Six Senses is a welcome addition to our growing portfolio. We expect this deal to be the first of many with Six Senses and Capital Hospitality Group'. Sonu Shivdasani, Six Senses' Chairman & CEO, added "We are delighted to be working together with Meridia on this transaction. The Evason was the first resort to be built in the Phuket area and the property thus benefits from a unique location. It is our intention to maximise the potential of this property."
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
