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Kimpton Hotels & Restaurants

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Kimpton Hotels & Restaurant Group
Company typePrivate Subsidiary of InterContinental Hotels Group
IndustryHospitality
Founded1981 (San Francisco, California, United States)
HeadquartersSan Francisco, California, United States
Key people
 • Bill Kimpton, Founder
 • Mike DeFrino,
Chief Executive Officer
ServicesHotels, restaurants, and bars
Revenue$1049.88 million USD (2014)
Number of employees
8135 (2014)[1]
ParentInterContinental Hotels Group
Websitekimptonhotels.com

The Kimpton Hotel & Restaurant Group Inc. is a part of the Intercontinental Hotels Group (IHG) hotel company. Founded in 1981 by William (Bill) Kimpton and led by Chief Executive Officer Mike DeFrino, it was the largest chain of boutique hotels in the United States in 2011.[2] Its headquarters are in San Francisco, California. All Kimpton properties are located in the United States, with the exception of their first international luxury hotel located in Grand Cayman, Cayman Islands: Kimpton Seafire Resort + Spa (Opened November 2016).

Most Kimpton properties are marketed under their own independent names as boutique hotels; however, in 2005, the company launched two sub-brands within the company's brand: Hotel Palomar and Hotel Monaco. Each hotel has a restaurant or bar that is marketed as upscale or trendy. The company's loyalty program is called Karma Rewards.[3] Fortune listed it as the #11 best company to work for in 2015.[1] Under contract, the company also manages and operates hotels owned by other entities.

December 16, 2014, IHG announced it would acquire Kimpton for $430 million in cash. IHG has retained the Kimpton brand name within the U.S. and may expand it globally.[4][5] As a result of the acquisition, seven of Kimpton's nine hotels in San Francisco departed the brand in July 2015.[6]

Hotel brands

Hotel Monaco

Hotel Monaco in Salt Lake City

Hotel Palomar

Hotel Monaco in Washington, D.C.
File:Hotel Rouge statues.jpg
Hotel Rouge in Washington, D.C.
Ink48, a Kimpton Hotel at 563 Eleventh Avenue, New York City, New York[9]

Other hotels

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

Restaurant Brands

Company programs

Environment

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.[12]

LGBT

Every year, the company sponsors a red ribbon campaign generating awareness and funds for local HIV service agencies. In addition, 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.[13] It has received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign every year since 2005.[14]

Women InTouch

The company sponsors Dress for Success Worldwide, an international non-profit organization that provides professional clothing and employment search programs for women.[15]

See also

References

  1. ^ a b "Best Companies to Work For 2014". Fortune. February 4, 2014. Retrieved February 26, 2014.
  2. ^ Raine, George (April 27, 2008). "Joie de Vivre Finds Room To Grow – After Weathering Tumultuous times, Chip Conley's Hotel Company Looks Beyond the Bay Area and Seriously Pursues Food and Drink". San Francisco Chronicle. Retrieved November 17, 2011.
  3. ^ "Kimpton Hotels: Boutique Hotels, Luxury Travel and Chef-Driven Gourmet Restaurants". Kimpton Hotels.
  4. ^ "IHG agrees to acquire Kimpton Hotels & Restaurants to create the world's largest boutique hotel business" (Press release). Intercontinental Hotels Group. 16 December 2014. Retrieved 2014-12-15.
  5. ^ Downey, Sean (15 December 2014). "IHG Acquires Kimpton for $430 Million". Lodging. Retrieved 2014-12-15.
  6. ^ http://www.travelweekly.com/Travel-News/Hotel-News/Kimpton-Hotels-cedes-most-of-its-San-Francisco-portfolio
  7. ^ Gunts, Edward (July 30, 2009). "Hotel Monaco Baltimore Offers Taste of Luxury". The Baltimore Sun.
  8. ^ http://www.monaco-pittsburgh.com/
  9. ^ Ink48, a Kimpton Hotel
  10. ^ "Hotel La Jolla". Retrieved 2 May 2013.
  11. ^ a b Cooper, Rebecca (April 15, 2015). "Exclusive: Kimpton Hotels adds two more D.C. hotels to its portfolio". Washington Business Journal. Retrieved April 16, 2015.
  12. ^ "Environmentally Friendly Green Hotel Practices – Kimpton EarthCare Program". Kimpton Hotels.
  13. ^ "It's About The Bottom Line." Advocate 1016 (7 Oct. 2008): 55-56. Academic Search Premier. Web. 12 Dec. 2011.
  14. ^ Human Rights Campaign Corporate Equality Index 2012 Accessed: 12 Dec 2011.
  15. ^ Kimpton Cares Kimpton Hotels
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