IHG indicators third Kimpton in Spain

IHG indicators third Kimpton in Spain

IHG indicators third Kimpton in Spain

Spain: Hospitality company IHG Lodges & Resorts has signed the Kimpton Los Monteros Marbella, housed within the former Resort Los Monterros Spa & Golf Resort.

Kimpton Los Monteros Marbella will likely be operated by IHG underneath a lodge administration settlement with Monterotel SL, owned by the JV of Bain Capital and Stoneweg which acquired the Resort Los Monterros Spa & Golf Resort in 2022. The property will bear a full refurbishment earlier than it reopens.

The 178-key lodge provides 4 eating places and bars, two swimming swimming pools, a health club, tennis courts, a spa, and 4 assembly rooms. When it reopens, it’ll be part of two different Kimpton resorts in Spain – Kimpton Vividora Barcelona and Kimpton Aysla Mallorca.

Willemijn Geels, VP growth, Europe, IHG Lodges & Resorts, mentioned: “We’re delighted to have grown our Kimpton model portfolio in Spain to 3 properties with the signing of Kimpton Los Monteros Marbella. We will’t wait to finish the total renovation of this excellent lodge, and start to welcome visitors within the subsequent few years.

“By way of our partnership with Bain Capital and Stoneweg, we’re providing travellers from world wide an impressive new luxurious and way of life venue in an eternally fashionable luxurious tourism vacation spot. We consider the lodge will likely be a flagship for the Kimpton model in southern Europe because of its dimension and breadth of services.”

Rafael Coste Campos, managing director, Bain Capital, mentioned: “It has been fantastic to companion with IHG and convey to life our shared imaginative and prescient for Kimpton Los Monteros Marbella. Each corporations are aligned in our need to open a market-leading luxurious vacation spot within the area, and we sit up for collaborating additional on this challenge.”

Miguel Casas, managing director of Stoneweg Hospitality, mentioned: “All through this course of, IHG has impressed us with its revolutionary considering and concepts, and we’re assured that their robust enterprise platform will drive excellent returns on this emblematic property. Kimpton is the proper model for Marbella and we’re excited to welcome visitors underneath the brand new model.”