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In a mid-morning ceremony filled with fun, excitement, and Kimpton quirk, the lifestyle hotel company opened its newest Hotel Monaco property in Philadelphia. Monaco Philadelphia is located in the historic Old City neighborhood and has transformed the historic Lafayette Building, which dates back to 1907, into a modern 268-room hotel.
The hotel marks the 10th location for Hotel Monaco, and Kimpton’s 12th completed adaptive reuse project. The hotel features 3,300 square feet of meeting space and 14 different guestroom types. The food and beverage offerings at the upscale property include the Red Owl Tavern, a corner restaurant and bar helmed by Chef Guillermo Tellez, and Stratus Lounge, the hotel’s rooftop bar.

(The entrance of Hotel Monaco, located at 5th and Chestnut in Philadelphia)
The grand opening kicked off with a choreographed bike routine from a local dance company and was followed by introductions and comments from Nick Gregory, general manager Monaco Philadelphia, Mike Depatie, CEO of Kimpton Hotels & Restaurants, Niki Leondakis, president and COO for Kimpton Hotels & Restaurants, and Michael A. Nutter, Mayor of Philadelphia.
“We’ve come a long way from the dust and jackhammers of the groundbreaking here a year ago,” said Leondakis. “We’re so proud to be continuing to expand our story here in Philadelphia and thrilled to open a whole new chapter in Old City.”

(A choreographed bike-dance routine kicked off the grand opening ceremony)
Monaco Philadelphia joins the Hotel Palomar, which opened in the Rittenhouse Square section of Philadelphia back in 2009. For Mayor Nutter, the development of hotels in Philadelphia means a positive impact on the local economy.
“This is a winner for the city,” he said. “The Hotel Monaco is providing 200 jobs. This is about economic vitality. Our tourism and hospitality sector is on the rise and this new hotel will help us continue to accommodate visitors.”

(Mayor Michael Nutter, Niki Leondakis, Nick Gregory, and Mike Depatie)
Depatie, who touched on the history and spirit of the Kimpton brand when he addressed the crowd, echoed Mayor Nutter’s sentiments about Philadelphia becoming a destination for leisure and business travel.
“This city, particularly this historic square mile, has all the ingredients that make it a top domestic and international attraction,” he said. “We’re so excited to be here.”

READER COMMENTS
Friday, October 12, 2012 by Anonymous
great article!
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