IHG to Expand Kimpton Hotels & Restaurants Brand Globally

InterContinental Hotels Group has signed the first Kimpton Hotels & Restaurants hotel outside of the Americas.

The hotel, which is currently operating as Crowne Plaza Amsterdam City Centre, will undergo a complete transformation following a full renovation of the lobby, restaurants, facilities and guest rooms.

It will open as a 270-room luxury Kimpton hotel in 2017 and will feature a destination bar and restaurant, a gym and meeting spaces.

Kimpton Hotels & Restaurants, acquired by IHG in January 2015. The brand offers guests touches like yoga mats in every room, complimentary coffee and tea to start the day, a hosted evening Wine Hour, in-room fitness options and complimentary bike rentals. Kimpton is also recognised for its collection of seasonally inspired destination restaurants and bars.

Richard Solomons, Chief Executive, IHG said, “IHG’s ability to take Kimpton to new markets and geographies was a key part of the transaction and we’re delighted to announce this important milestone for the brand. It is testament to the global appeal of the Kimpton brand and to the strength of IHG’s global scale and relationships with owners across the world.”

The hotel is owned by YC Amsterdam BV, a venture set up by certain affiliates of York Capital Management and its operating partner.

Phil Golding, on behalf of YC Amsterdam BV said, “We’re excited to be developing the first international Kimpton hotel and to be part of the brand’s expansion globally. Each property is unique and leaves a lasting impression on its guests; and this Kimpton in Amsterdam will be no exception. With its vibrant art scene and home to some of the best restaurants in the world, Amsterdam is the perfect destination to open a Kimpton hotel and restaurant. We’re very much looking forward to welcoming guests from across the globe to what I’m confident will be the best loved boutique hotel in this fantastic city.” 

There are currently 59 managed Kimpton hotels in the US (10,700 rooms) and 16 hotels (3,200 rooms) in the pipeline. Kimpton also runs 74 destination restaurants and bars. It is a fully asset-light brand, operating hotels under management contracts.

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