IHG Brings Kimpton To Europe
InterContinental Hotels Group will open a new Kimpton Hotels & Restaurants property in Amsterdam, marking the brand¡¯s extension outside the Americas and entr¨¦e into Europe. The 270-room luxury hotel is expected to open in 2017 after a complete renovation of the property, which currently operates as the Crowne Plaza Amsterdam City Centre. IHG closed its acquisition of the boutique Kimpton brand last January. ¡°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,¡± said CEO Richard Solomons. According to information released alongside IHG¡¯s most recent earnings, for the third quarter of 2015, there were 59 Kimpton hotels in the United States and 16 more hotels in the pipeline.