IHG Acquires Kimpton
This sounds interesting. I wonder if they're keeping the Kimpton brand?
IHG agrees to acquire Kimpton Hotels & Restaurants to create the world's largest boutique hotel business |
I think this is great for IHG members.
IHG is very low on having hotels with any character. |
Completely agree this is great news. Will be a nice complement to Hotel Indigo and some great locations (particularly in California and the west where IHG is lacking too many decent hotels). Seems that it will remain a separate brand run by the existing COO.
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Are we sure these hotels will join the IHG rewards program?
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Originally Posted by stimpy
(Post 24004139)
Are we sure these hotels will join the IHG rewards program?
I am pretty sure we'll see these hotels join the IHG rewards program, but I'm just guessing like I guessed earlier yesterday that it would be IHG buying Kimpton. |
Originally Posted by travelexpert
(Post 24004098)
I think this is great for IHG members.
IHG is very low on having hotels with any character. |
I like a hotels character, and thankfully many IC's have that. I think the poster was referring to the low end properties in the chain such as HIX. That said, I've even stayed at some HIX's that weren't purpose built that had a little character of their own. And of course there are several Indigo hotels that already fit this bill.
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Excellent news!
Even if some Indigo hotels are pretty nice, I think that they are not exactly boutique hotels per se (ie: trendy, stylish and not only small by size). Kimpton hotels may be more really boutique hotels (even if we are far from Hyatt's Andaz or Marriott's Edition. |
Big, big, big news!
IHG will of course integrate them into IHG rewards since they want to grow the brand overseas. I expect integration probably mid to late 2015. Also, it fills a strategic hole for them in many US cities. What IHG brand with some cachet below an Intercontinental is there in Boston? Nothing in Philly, at all. Not much in the Phoenix area, though I will give you that SF will have many. Anything in DC other than the Intercontinental and the Crowne Hamilton -- now look at it in the downtown core and the sister city suburbs! I was wondering when DC would get an Indigo and now that issue is superfluous! Look at coverage in the business areas in Chicago and LA now! This move fills a needed hole that IHG had which many of the other major US chains did not have for it now puts an IHG flag on an upscale footprint in many US downtown city business and leisure centers. |
Originally Posted by chongcao
(Post 24004744)
Why? People chose hotel over the reasons of value, convenience, price, location, service and brand loyalty. Only a tiny small fraction of people chose hotel over character.
This is not a niche segment anymore as this generation of customers is expected to represent 40% of customers in the next 5 years. |
This would be great news for me on the earning side if the Kimpton properties were just a touch cheaper for work. They're about 20% too high right now in most cases, because I often don't need the great locations which Kimpton typically selects.
But for redemption... if they can put some of the smaller Kimptons at 40k, I'll be thrilled. |
I spent my first night as a married man in a Kimpton hotel.
The Alexis Seattle. |
As a Kimpton user (albeit my second or third choice most of the time) I like this as it makes ICG more attractive to me as my alternative chain. I like the Kimpton brand as it means unique properties with very guest oriented service. Adding the expanse of the ICG properties makes them a better shot at being my go to (after Hilton).
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Originally Posted by stimpy
(Post 24004139)
Are we sure these hotels will join the IHG rewards program?
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Originally Posted by NJUPINTHEAIR
(Post 24005255)
This move fills a needed hole that IHG had which many of the other major US chains did not have for it now puts an IHG flag on an upscale footprint in many US downtown city business and leisure centers.
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