Kimpton Hotels & Restaurants to Make European Debut in 2017 With Amsterdam Hotel Conversion

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. January 28, 2016

AMSTERDAM, NT. January 28, 2016 - InterContinental Hotels Group (IHG), one of the world's leading hotel companies, has announced the signing of the first Kimpton® Hotels & Restaurants hotel outside of the Americas. Debuting in Europe, the hotel will be located in the heart of the vibrant city of Amsterdam.

The hotel, which is currently operating as Crowne Plaza® Amsterdam City Centre, will undergo a complete transformation following a full renovation of the lobby, restaurants, facilities and guest rooms. It will open as a 270-room luxury Kimpton hotel in 2017. True to Kimpton's style, it will feature boldly designed, boutique rooms as well as a destination bar and restaurant for guests and locals to enjoy, a state of the art gym and innovative meeting spaces equipped with the latest technology.

Kimpton Hotels & Restaurants, acquired by IHG in January 2015, is renowned for its innovative and playful design and personal approach to guest service, using thoughtful perks and amenities, and a sense of delight, to make guests feel truly at home. It inspires with touches like yoga mats in every room, complimentary coffee and tea to start the day, a hosted evening Wine Hour, in-room fitness options and complimentary bike rentals. Kimpton is also recognized for its award-winning collection of seasonally inspired destination restaurants and bars, led by talented chefs and bartenders that offer guests the chance to dine like a local, reflecting their view that there's more to travel than stylish accommodation.

Richard Solomons, Chief Executive, IHG said: “IHG's ability to take Kimpton to new markets and geographies was a key part of the transaction and we're delighted to announce this important milestone for the brand. It is testament to the global appeal of the Kimpton brand and to the strength of IHG's global scale and relationships with owners across the world.”

The hotel is owned by YC Amsterdam BV, a venture set up by certain affiliates of York Capital Management and its operating partner.

Phil Golding, on behalf of YC Amsterdam BV said: “We're excited to be developing the first international Kimpton hotel and to be part of the brand's expansion globally. Each property is unique and leaves a lasting impression on its guests; and this Kimpton in Amsterdam will be no exception. With its vibrant art scene and home to some of the best restaurants in the world, Amsterdam is the perfect destination to open a Kimpton hotel and restaurant. We're very much looking forward to welcoming guests from across the globe to what I'm confident will be the best loved boutique hotel in this fantastic city.”

Mike DeFrino, Chief Executive, Kimpton said: “Bill Kimpton's European travels and boutique hotel experiences inspired him to start this company in San Francisco back in 1981, which makes the announcement of our first hotel in Europe all that more meaningful. We found a kindred spirit in Amsterdam and are excited to introduce our heartfelt approach to hospitality to a new audience.”

There are currently 59 managed Kimpton hotels in the US (10,700 rooms) and a further 16 hotels (3,200 rooms) in the pipeline*. A sophisticated food and beverage operator, Kimpton also runs 74 destination restaurants and bars. It is a fully asset-light brand, operating hotels under management contracts.

*Figures as at 30th September 2015.

For more information on IHG please visit: http://www.ihgplc.com

About Kimpton Hotels & Restaurants

San Francisco-based Kimpton Hotels & Restaurants is a leading collection of boutique hotels and restaurants and the acknowledged industry pioneer that first introduced the boutique hotel concept to the United States. In 1981, Bill Kimpton founded the company that today is renowned for making travellers feel genuinely cared for through thoughtful perks and amenities, bold, playful design, and a sincerely personal style of guest service. Kimpton is consistently ranked as one of the top companies in the Market Metrix Hospitality Index, Upper Upscale Segment, for Customer Satisfaction. The company is highly regarded for its innovative employee culture and benefits and has been named a FORTUNE magazine “Best Place to Work” six times annually since 2009. Kimpton is continuously growing and currently operates over 60 hotels and 70 plus restaurants, bars, and lounges in 30 U.S. cities. In January 2015, Kimpton was welcomed into the InterContinental Hotels Group (IHG) family of hotel brands, bringing together two special cultures and sets of values to create the world's largest boutique hotel business. For more information, visit www.KimptonHotels.com.

About IHG

IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. IHG franchises, leases, manages or owns more than 5,000 hotels in nearly 100 countries, with more than 1,300 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with more than 90 million members worldwide. InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG's hotels and corporate offices globally. Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media.

Contact:
Laura Baker
+44 (0) 1895 512 820

Iman Denney-Brown
+44 (0) 1895 511 268