Kimpton Hotels and Restaurants Goes Global

Kimpton Hotels and Restaurants Goes Global

Singapore – January 30, 2016 (travelindex) – InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced the signing of the first Kimpton Hotels & Restaurants hotel outside of the Americas. Debuting in Europe, the hotel will be located in the heart of the vibrant city of Amsterdam.

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. True to Kimpton’s style, it will feature boldly designed, boutique rooms as well as a destination bar and restaurant for guests and locals to enjoy, a state of the art gym and innovative meeting spaces equipped with the latest technology.

Kimpton Hotels & Restaurants, acquired by IHG in January 2015, is renowned for its innovative and playful design and personal approach to guest service, using thoughtful perks and amenities, and a sense of delight, to make guests feel truly at home. It inspires with 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 award-winning collection of seasonally inspired destination restaurants and bars, led by talented chefs and bartenders that offer guests the chance to dine like a local, reflecting their view that there’s more to travel than stylish accommodation. 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.” Angela Brav, Chief Executive, Europe, IHG said: “Europe, the home of boutique, is the perfect place for us to open our first Kimpton outside of the Americas and I can’t think of a better city to launch in than Amsterdam. The boutique segment is the fastest growing part of our industry – guests are hungry for the personal service, great design and unique experiences they offer. Kimpton has an outstanding track record for stylish design and a passion for personal service and we see enormous opportunity for the brand around Europe.”

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

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