IHG announced plans to expand its luxury and upscale portfolio in the United Kingdom. The brand entered into an agreement to rebrand and operate 12 currently open hotels and add one pipeline hotel, for a total of more than 2,000 guestrooms. The agreement cements IHG as the leading luxury hotel operator in the country. Properties under the InterContinental and Kimpton Hotels & Restaurants brands are planned for major city centers including London, Manchester and Edinburgh.
“We are focused on continuing to expand our leadership in luxury and upscale, which are both high-value segments with significant growth potential. Bringing Kimpton to such an important market as the United Kingdom is a key part of our plans, as is the introduction of our new upscale brand, which will provide an exciting, differentiated offering to both guests and owners. Together with the recent addition of Regent Hotels & Resorts to our portfolio, we are building real momentum behind our plans to deliver industry-leading net rooms growth,” said Keith Barr, CEO, IHG.
Current properties expected to transition to IHG include The Principal London, The Principal Edinburgh Charlotte Square, The Principal Edinburgh George Street, The Principal Met Hotel (Leeds), The Principal York, De Vere Oxford Thames, The Principal Manchester, The Principal Blythswood Square (Glasgow), The Principal Grand Central (Glasgow), The Principal St. David’s (Cardiff), The Principal Oxford Spires and De Vere Wotton House.
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