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Kimpton Hotels & Restaurants

From Wikipedia, the free encyclopedia
Kimpton Hotels & Restaurants
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.com

The Kimpton Hotel & Restaurant Group, LLC is a San Francisco, California, based hotel and restaurant brand owned by IHG Hotels & Resorts (IHG) since 2015.

Overview

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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.

Hotel brands

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Hotel Monaco in Salt Lake City
Hotel Monaco in Washington, D.C.
Ink48, a Kimpton Hotel in New York City
Kimpton Journeyman Hotel in Milwaukee

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 standard environmentally friendly products and practices, such as eco-friendly cleaning supplies and recycling.[14]

LGBT

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Every year, the company sponsors a red ribbon campaign generating awareness and funds for local HIV service agencies. Local hotels make donations to LGBT charities 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 by The Advocate.[15] It has received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign every year since 2005.[16]

Women InTouch

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The company sponsors Dress for Success Worldwide, an international non-profit organization that 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 from the original on March 10, 2016. Retrieved February 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. Retrieved December 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. Retrieved 4 June 2019.
  6. ^ Hill, Lauren Jade (July 5, 2021). "Project of the Week: Kimpton Rotterdam". Top Hotel News. Retrieved July 14, 2021.
  7. ^ "Kimpton Hotels & Restaurants Continues International Expansion with Opening in Mainland China". Hospitality Net. Retrieved 2022-11-28.
  8. ^ Jessica Snouwaert. "The 25 best companies to work for, based on employee satisfaction". Business Insider. Retrieved April 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 from the original on 16 December 2014. Retrieved 2014-12-15.
  10. ^ Downey, Sean (15 December 2014). "IHG Acquires Kimpton for $430 Million". Lodging. Retrieved 2014-12-15.
  11. ^ Gunts, Edward (July 30, 2009). "Hotel Monaco Baltimore Offers Taste of Luxury". The Baltimore Sun.
  12. ^ "Pittsburgh Hotels - Kimpton Hotel Monaco Pittsburgh". www.monaco-pittsburgh.com. Retrieved 6 December 2018.
  13. ^ "Savannah’s Mulberry Inn sold" – Savannah Morning News, January 1, 2013*
  14. ^ "Environmentally Friendly Green Hotel Practices – Kimpton EarthCare Program". Kimpton Hotels. Archived from the original on 2008-05-13.
  15. ^ "It's About The Bottom Line." Advocate 1016 (7 Oct. 2008): 55-56. Academic Search Premier. Web. 12 Dec. 2011.
  16. ^ Human Rights Campaign Corporate Equality Index 2012 Archived 2011-12-06 at the Wayback Machine Accessed: 12 Dec 2011.
  17. ^ Kimpton Cares Archived 2008-05-17 at the Wayback Machine Kimpton Hotels
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