IHG køber Kimpton Hotels

Poster i 'PRESSEMEDDELELSER' oprettet af jakobv84, 16/12/14.

  1. jakobv84

    jakobv84 Premium VIP medlem

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    http://www.ihgplc.com/index.asp?PageID=116&NewsID=3362

    IHG agrees to acquire Kimpton Hotels & Restaurants to create the world's largest boutique hotel business

    Highlights:
    • IHG has agreed to acquire Kimpton Hotels & Restaurants (“Kimpton”) for $430 million in cash.
    • Kimpton is the world’s largest independent boutique hotel operator and a sophisticated food and beverage operator.
    • Kimpton is a fully asset-light business that manages 62 hotels in the most attractive cities and resorts in the US with a further 16 hotels in the pipeline. It operates 71 hotel-based destination restaurants and bars.
    • Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry.
    • Highly complementary with IHG’s Hotel Indigo and EVEN Hotels brands; creates a leading boutique and lifestyle hotel business, with over 200 open and pipeline hotels across 19 countries.
    • Significant opportunities identified for IHG to accelerate the growth of the Kimpton brand within the US and to launch it globally.
    • Compelling financial rationale with Kimpton EBITDA expected to double by the end of 2017.
    • The transaction will be earnings enhancing in its first full year and achieve returns above IHG’s cost of capital by year three.
    Kimpton Overview
    Kimpton was established in 1981, and is the largest independent boutique hotel and restaurant business in the US. It manages 62 hotels (11.3k rooms) across 28 cities in the US in attractive 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 (3.0k rooms), of which 10 are under construction. Kimpton also operates 71 hotel-based destination restaurants, bars and lounges across the US.

    Kimpton caters for a broad and varied range of guest needs, including ‘Mixing Business with Pleasure’, ‘Short Break Experience’, ‘Romantic Getaway’ and ‘Wellbeing’ at an upper upscale price point. It also has a well-established and sophisticated member loyalty programme, Kimpton Karma Rewards, which has approximately 1.6 million members.
     
    Senest redigeret: 16/12/14
  2. asf

    asf VIP medlem

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    Spændende om de "får lov" til at beholde Kimpton Karma Rewards eller om det bliver slået sammen med IHG Rewards på en eller anden måde!
     
  3. jakobv84

    jakobv84 Premium VIP medlem

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    Mit bud er at det bliver slået sammen og at status konverterer ind som Ambassador fremfor IHG's normale.
     

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