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Kimpton Hotels & Restaurants
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| Kimpton Hotels & Restaurants | |
| Type | Subsidiary |
| Industry | Hospitality |
| Founded | 1981 |
| Headquarters | San Francisco, California, United States |
Number of locations | 75 hotels |
Key people | • Bill Kimpton, Founder • Mike DeFrino, CEO |
| Services | Hotels, restaurants, bars |
| Revenue | US$1049.88 million (2014) |
Number of employees | 8,135 (2014)[1] |
| Parent | InterContinental Hotels Group |
| Website | www |
The Kimpton Hotel & Restaurant Group is a San Francisco-based hotel and restaurant brand owned by IHG Hotels & Resorts (IHG) since 2015. It was founded in 1981.
Overview
Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011. As of January 2024, it operates 81 hotels worldwide with a number of new properties forthcoming.[2] New hotels have been announced for Indianapolis, Los Angeles,[3] Paris, Barcelona, Charlottesville,[4] Frankfurt, Grenada, Bali, Tokyo, Shanghai, Hong Kong,[5] Rotterdam[6] and Sanya.[7][when?]
While most Kimpton properties are marketed under their own names as boutique hotels, the company launched two sub-brands in 2005, Hotel Palomar and Hotel Monaco. Each property has a restaurant or bar that is marketed as upscale or trendy. In 2020, Fortune magazine ranked Kimpton Hotels & Restaurants at number 10 on their Fortune List of the Top 100 Companies to Work For in 2020 based on an employee survey of satisfaction.[8] The company also manages and operates hotels owned by other entities, under contract.
On December 16, 2014, IHG announced that it would acquire Kimpton for $430 million in cash. IHG retained the Kimpton brand name within the U.S. and is expanding it globally.[9][10] As a result of the acquisition, seven of Kimpton's nine hotels in San Francisco left the brand in July 2015.
Bill Kimpton
Director Marcia Kimpton's father is Bill Kimpton.[11]
See also
References
- ↑ "Best Companies to Work For 2014". Fortune. February 4, 2014. Archived from the original on March 10, 2016. Retrieved February 26, 2014.
- ↑ "Top Boutique Hotels + Restaurants in 50+ Cities | Kimpton Destinations".
- ↑ Boone, Lisa (27 March 2018). "Kimpton's new La Peer hotel celebrates the contemporary Los Angeles style". Los Angeles Times. Retrieved December 6, 2018.
- ↑ "Kimpton Hotels & Restaurants to Open Its First On-Campus Hotel at the UVA Darden School" (Press release). UVA Darden School. April 5, 2022.
- ↑ Bright, Craig. "IHG's Kimpton Hotels brand is coming to Hong Kong". Business Traveller. Retrieved 4 June 2019.
- ↑ Hill, Lauren Jade (July 5, 2021). "Project of the Week: Kimpton Rotterdam". Top Hotel News. Retrieved July 14, 2021.
- ↑ "Kimpton Hotels & Restaurants Continues International Expansion with Opening in Mainland China". Hospitality Net. Retrieved 2022-11-28.
- ↑ Jessica Snouwaert. "The 25 best companies to work for, based on employee satisfaction". Business Insider. Retrieved April 1, 2020.
- ↑ "IHG agrees to acquire Kimpton Hotels & Restaurants to create the world's largest boutique hotel business" (Press release). Intercontinental Hotels Group. 16 December 2014. Archived from the original on 16 December 2014. Retrieved 2014-12-15.
- ↑ Downey, Sean (15 December 2014). "IHG Acquires Kimpton for $430 Million". Lodging. Retrieved 2014-12-15.
- ↑ Diller, Nathan. "After 58 countries, here's what the Kimpton Hotels heiress learned". USA TODAY. Retrieved 15 July 2026.
External links
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