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Kimpton Hotels & Restaurants

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Kimpton Hotel & Restaurant
Group, LLC
Kimpton Hotels & Restaurants
Company typeSubsidiary
IndustryHospitality
Founded1981 (San Francisco,California,United States)
HeadquartersSan Francisco,California,United States
Number of locations
75 hotels
Key people
• Bill Kimpton, Founder
• Mike DeFrino, CEO
ServicesHotels, restaurants, bars
RevenueUS$1049.88 million (2014)
Number of employees
8,135 (2014)[1]
ParentInterContinental Hotels Group
Websitewww.kimptonhotels

TheKimpton Hotel & Restaurant Group, LLCis aSan Francisco,California,based hotel and restaurant brand owned byIHG Hotels & Resorts(IHG) since 2015.

Overview

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Founded in 1981 by Bill Kimpton and led byChief Executive OfficerMike DeFrino, the group was the largest chain ofboutique hotelsin 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 forIndianapolis,Los Angeles,[3]Paris,Barcelona,Charlottesville,[4]Frankfurt,Grenada,Bali,Tokyo,Shanghai,Hong Kong,[5]Rotterdam[6]andSanya.[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,Fortunemagazine 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.

Hotel brands

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Hotel Monaco inSalt Lake City
Hotel MonacoinWashington, D.C.
Ink48, a Kimpton Hotel inNew York City
Kimpton Journeyman Hotel inMilwaukee

Hotel Monaco

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Hotel Palomar

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Other hotels in the US

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In addition to the Hotel Monaco and Palomar Hotel brand hotels, other company hotels include:

Americas

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Europe

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Asia

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Oceania

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Restaurant brands

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CAYMAN ISLANDS

EUROPE

ASIA

US

Company programs

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Environment

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The company's environmental program is called Earthcare. Every hotel adopts standardenvironmentally friendlyproducts and practices, such aseco-friendlycleaning supplies andrecycling.[14]

LGBT

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Every year, the company sponsors ared ribboncampaign generating awareness and funds for localHIVservice agencies. Local hotels make donations toLGBTcharities and host events for local community groups. Kimpton formed K-GLEN, the Kimpton Gay and Lesbian Employee Network, to advise the company on personnel and community outreach concerns. The committee meets quarterly and has representation from every region of the country. The company was included as one of the ten best companies for gay and lesbian employees byThe Advocate.[15]It has received a 100% rating on theCorporate Equality Indexreleased by theHuman Rights Campaignevery year since 2005.[16]

Women InTouch

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The company sponsorsDress for SuccessWorldwide, an internationalnon-profit organizationthat provides professional clothing and employment search programs for women.[17]

See also

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References

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  1. ^"Best Companies to Work For 2014".Fortune.February 4, 2014. Archived fromthe originalon March 10, 2016.RetrievedFebruary 26,2014.
  2. ^"Top Boutique Hotels + Restaurants in 50+ Cities | Kimpton Destinations".
  3. ^Boone, Lisa (27 March 2018)."Kimpton's new La Peer hotel celebrates the contemporary Los Angeles style".Los Angeles Times.RetrievedDecember 6,2018.
  4. ^"Kimpton Hotels & Restaurants to Open Its First On-Campus Hotel at the UVA Darden School"(Press release). UVA Darden School. April 5, 2022.
  5. ^Bright, Craig."IHG's Kimpton Hotels brand is coming to Hong Kong".Business Traveller.Retrieved4 June2019.
  6. ^Hill, Lauren Jade (July 5, 2021)."Project of the Week: Kimpton Rotterdam".Top Hotel News.RetrievedJuly 14,2021.
  7. ^"Kimpton Hotels & Restaurants Continues International Expansion with Opening in Mainland China".Hospitality Net.Retrieved2022-11-28.
  8. ^Jessica Snouwaert."The 25 best companies to work for, based on employee satisfaction".Business Insider.RetrievedApril 1,2020.
  9. ^"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 fromthe originalon 16 December 2014.Retrieved2014-12-15.
  10. ^Downey, Sean (15 December 2014)."IHG Acquires Kimpton for $430 Million".Lodging.Retrieved2014-12-15.
  11. ^Gunts, Edward (July 30, 2009)."Hotel Monaco Baltimore Offers Taste of Luxury".The Baltimore Sun.
  12. ^"Pittsburgh Hotels - Kimpton Hotel Monaco Pittsburgh".monaco-pittsburgh.Retrieved6 December2018.
  13. ^"Savannah’s Mulberry Inn sold"–Savannah Morning News,January 1, 2013
  14. ^"Environmentally Friendly Green Hotel Practices – Kimpton EarthCare Program".Kimpton Hotels. Archived fromthe originalon 2008-05-13.
  15. ^"It's About The Bottom Line."Advocate1016 (7 Oct. 2008): 55-56.Academic Search Premier.Web. 12 Dec. 2011.
  16. ^Human Rights CampaignCorporate Equality Index 2012Archived2011-12-06 at theWayback MachineAccessed: 12 Dec 2011.
  17. ^Kimpton CaresArchived2008-05-17 at theWayback MachineKimpton Hotels
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