Real EstateAcquisitionsKimpton Adds the Hotel Wilshire to Los Angeles Portfolio

Kimpton Adds the Hotel Wilshire to Los Angeles Portfolio

SAN FRANCISCO—Kimpton Hotels & Restaurants has announced it has purchased the 74-room Hotel Wilshire through a joint venture with OSM Investment Company. The LEED-certified boutique hotel in the Miracle Mile section of Los Angeles marks the second LEED-certified hotel in the Kimpton collection, in addition to its Hotel Palomar Philadelphia, and is the second Kimpton hotel in Los Angeles.

The Hotel Wilshire features 55 guestrooms and 19 suites, including a rooftop penthouse suite. Additionally, guests can enjoy a rooftop experience on the pool deck—home to The Roof on Wilshire restaurant. The hotel includes 1,750 square feet of event space, including a boardroom that features two floor-to-ceiling glass walls.

“We had an incredible year in 2012 with seven new hotels added to our collection and we couldn’t be more pleased to close out the year with our expansion in the highly-desirable Los Angeles market,” said Mike Depatie, chief executive officer, Kimpton Hotels & Restaurants. “Hotel Wilshire is a perfect fit for the Kimpton portfolio and we’re pleased to partner with OSM on co-ownership of this hotel.”

The Hotel Wilshire will undergo a few updates and will offer all of Kimpton’s programs and services such as the hosted evening wine reception, animal print robes, wellness options, Kimpton’s InTouch loyalty program perks, pet-friendly practices, Kimpton’s EarthCare program, and more.