Kimpton Hotels & Restaurants Dares To Be DifferentFebruary 16, 2017
Following its $430 million acquisition by InterContinental Hotels Group in 2015, Kimpton Hotels & Restaurants is well positioned to expand on a global scale. The move is new territory for the company, which had been a solely U.S. operation until November 2016 when it opened a resort in the Cayman Islands. Kimpton’s hotel and restaurant divisions operate separately but symbiotically, and executives note that both sectors are equally important to Kimpton’s overall success. This strategy has earned the company top honors as Market Watch magazine’s “On-Premise Player of the Year” for 2017.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.