Kimpton Hotels & Restaurants | |
Company type | Subsidiary |
Industry | Hospitality |
Founded | 1981 (San Francisco, California, United States) |
Headquarters | San Francisco, California, United States |
Number of locations | 75 hotels |
Key people | •Bill Kimpton, Founder •Mike DeFrino, CEO |
Services | Hotels, restaurants, bars |
Revenue | US$1049.88 million (2014) |
Number of employees | 8,135 (2014) [1] |
Parent | InterContinental Hotels Group |
Website | www |
The Kimpton Hotel & Restaurant Group, LLC is a San Francisco, California, based hotel and restaurant brand owned by IHG Hotels & Resorts (IHG) since 2015.
Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011. As of January 2024, it operates 81 hotels worldwide with a number of new properties forthcoming. [2] New hotels have been announced for Indianapolis, Los Angeles, [3] Paris, Barcelona, Charlottesville, [4] Frankfurt, Grenada, Bali, Tokyo, Shanghai, Hong Kong, [5] Rotterdam [6] and Sanya. [7] [ when? ]
While most Kimpton properties are marketed under their own names as boutique hotels, the company launched two sub-brands in 2005, Hotel Palomar and Hotel Monaco. Each property has a restaurant or bar that is marketed as upscale or trendy. In 2020, Fortune magazine ranked Kimpton Hotels & Restaurants at number 10 on their Fortune List of the Top 100 Companies to Work For in 2020 based on an employee survey of satisfaction. [8] The company also manages and operates hotels owned by other entities, under contract.
On December 16, 2014, IHG announced that it would acquire Kimpton for $430 million in cash. IHG retained the Kimpton brand name within the U.S. and is expanding it globally. [9] [10] As a result of the acquisition, seven of Kimpton's nine hotels in San Francisco left the brand in July 2015.
In addition to the Hotel Monaco and Palomar Hotel brand hotels, other company hotels include:
CAYMAN ISLANDS
EUROPE
ASIA
US
This article contains content that is written like an advertisement .(April 2024) |
The company's environmental program is called Earthcare. Every hotel adopts standard environmentally friendly products and practices, such as eco-friendly cleaning supplies and recycling. [14]
Every year, the company sponsors a red ribbon campaign generating awareness and funds for local HIV service agencies. Local hotels make donations to LGBT charities and host events for local community groups. Kimpton formed K-GLEN, the Kimpton Gay and Lesbian Employee Network, to advise the company on personnel and community outreach concerns. The committee meets quarterly and has representation from every region of the country. The company was included as one of the ten best companies for gay and lesbian employees by The Advocate . [15] It has received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign every year since 2005. [16]
The company sponsors Dress for Success Worldwide, an international non-profit organization that provides professional clothing and employment search programs for women. [17]
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