December 16, 2014

IHG Acquires Kimpton Hotels to Expand Boutique Portfolio

Intercontinental Hotels Group (IHG) and Kimpton Hotels just announced an agreement for IHG to acquire the Kimpton brand for a reported $430 million in cash. Kimpton, which currently has 62 properties in 28 US cities (with another 16 in the process of being added), will join existing IHG brands Hotel Indigo and EVEN Hotels (among […]



from The Points Guy http://thepointsguy.com/2014/12/ihg-acquires-kimpton-hotels-to-expand-boutique-portfolio/