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IHG Acquires Kimpton for $430 Million

IHG Acquires Kimpton for $430 Million

InterContinental Hotels Group announced that it is acquiring Kimpton Hotels & Restaurants for $430 million. The deal will be financed through existing cash resources and new debt facilities and is expected to close during the first quarter of 2015, according ...

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Hotel RL Rethinks Lifestyle Design

Hotel RL Rethinks Lifestyle Design

Hotel RL, Red Lion Hotels’ recently launched lifestyle brand, is a conversion play targeting the top 80 U.S. urban markets. The idea behind the brand is to present an authentic experience that taps into the ethos of the Pacific Northwest ...

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