Kimpton Expands to Northern Arizona with the Acquisition of Amara Resort & Spa

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. June 20, 2013

June 20, 2013 - Kimpton Hotels & Restaurants today announced that it has purchased Amara Resort and Spa, one of the leading resorts in Sedona, Ariz. The property was acquired through the company's proprietary KHP-III fund, which closed in first quarter this year. The 100-room boutique resort overlooking Sedona's beautiful Oak Creek, will be the third Kimpton hotel in Arizona and will join Kimpton's portfolio of 59 hotels and 68 restaurants, bars and lounges in 25 cities nationwide.

Amara Resort and Spa is located in the heart of Uptown Sedona and is just a two-minute walk from Sedona's popular shops, galleries, wine tasting and restaurants. As a luxurious boutique hotel immersed in Sedona's iconic red rocks, Amara Resort and Spa combines the tranquility of Sedona with Kimpton's hallmark customer care and stylish ambience, providing a top-rated Northern Arizona destination for both business and leisure travelers.

Kimpton has experienced strong growth in urban metropolitan areas across the nation for the last decade, and lately has come to focus on more opportunities in high leisure resort destinations.

“We're proud to add the Amara Resort and Spa to our collection,” said Mike Depatie, chief executive officer, Kimpton Hotels & Restaurants. “We saw an opportunity to expand to Sedona, an area that's a very desirable resort destination for travelers for its ideal weather, stunning views and serene environment. It's a perfect addition to our growing roster of hotels because it further expands our presence in popular leisure markets adding to hotels we already have open or in development in Scottsdale, Vero Beach, South Beach, Miami, Aspen and Palm Springs.”

As one of the leading resorts in Sedona, Amara Resort and Spa completed a $2 million renovation in September 2012. The renovations included the addition of a 26,000-gallon infinity edge saltwater pool that directly overlooks the serene Oak Creek and Sedona's red rocks, along with upgrades to the resort's restaurant, outdoor event space, fitness center and lobby. Many of the resort's 100 guest rooms also overlook Oak Creek and offer stunning red rock views.

Kimpton plans further renovations to align the property with its high standards in the area of design and comfort. The details and the timing of the renovations have not yet been announced. Amara Resort and Spa has already begun to incorporate and offer Kimpton's popular complimentary perks and amenities, such as the Kimpton InTouch loyalty program, hosted evening wine hour from 5 p.m. to 6 p.m., coffee and tea service in the living room lobby daily, in-room yoga mats, loaner bikes, the company's pet friendly policies and more.

Amara Resort and Spa guests can also experience the beauty of Sedona at its popular restaurant Hundred Rox, with indoor/outdoor seating. Hundred Rox's al fresco dining was recently updated with soothing water features and romantic fire pits - all overlooking the infinity pool and natural landscape. The outdoor area capitalizes on the stunning view and can also function as an outdoor event space for intimate weddings or corporate events.

ABOUT KIMPTON HOTELS & RESTAURANTS
San Francisco-based Kimpton Hotels & Restaurants, the leading collection of boutique hotels and restaurants in the United States, is an acknowledged industry pioneer and was the first to bring the boutique hotel concept to America. In 1981, Bill Kimpton founded the company that today is well-known for making travelers feel genuinely cared for while away from home through personal perks and services, a highly stylized ambience and a playful spirit found throughout. Helping guests live full, balanced lives on the road, Kimpton offers thoughtful amenities including complimentary yoga mats in every room, modern and well-appointed fitness centers, a daily hosted Wine Hour to relax and unwind and locally-loved destination restaurants and bars. Kimpton leads the hospitality industry in eco-friendly practices that span all hotels and restaurants. Kimpton is consistently ranked as one of the top companies in the Market Metrix Hospitality Index, Upper Upscale Segment, for Customer Satisfaction. Kimpton is highly regarded for its innovative employee culture and benefits. The company has been named a Fortune magazine “Best Place to Work” four times since 2009, most recently in 2013. The company operates nearly 60 hotels and 68 restaurants, bars and lounges in 25 cities. For more information visit www.KimptonHotels.com and www.KimptonRestaurants.com.