InterContinental Hotels (IHG) has acquired the Kimpton Hotel and Restaurant Group, the largest chain of boutique hotels in the United States.

The Kimpton brand is complementary with IHG’s existing Hotel Indigo and EVEN Hotels brands. The group now plan to accelerate the growth of Kimpton within the US and to launch it globally.

Richard Solomons, Chief Executive Officer of IHG, commented: “Kimpton is a well-established and highly successful business that has built an industry leading position in the US.  It has created a portfolio of world-class hotels and destination restaurants, and the distinctive and innovative Kimpton brand will fit perfectly into the IHG brand family.  Adding Kimpton to our portfolio of preferred brands creates the world’s largest boutique hotel business.”

Kimpton was established in 1981, and is the largest independent boutique hotel and restaurant business in the US.  It manages 62 hotels across 28 cities in the US in urban and resort locations such as Boston, Chicago, Florida, Los Angeles, New York, San Francisco, Seattle and Washington D.C.  There are a further 16 hotels in the development pipeline of which 10 are under construction.  Kimpton also operates 71 hotel-based destination restaurants, bars and lounges across the US.

Details: www.ihgplc.com