Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13969)           
UK only International

IHG moves in on UK luxury market with 13 hotels and new upscale brand

By Tom Walker    09 May 2018
The Principal hotel in London is one of the properties to be operated under IHG following the deal / David Iliff. License: CC-BY-SA 3.0

InterContinental Hotels Group (IHG) is to expand its luxury estate in the UK after securing a deal to rebrand and operate 13 upscale hotels.

IHG will operate the properties on behalf of French real estate group Foncière des Régions (FdR), which acquired the hotels from an affiliate of Starwood Capital Group for a reported US$1.1bn (£830m) earlier this month.

The deal will see IHG introducing its boutique brand, Kimpton Hotels & Restaurants, into the UK, with some of the 13 properties being managed under the Kimpton flag.

The group will also use the new properties to launch an entirely new luxury brand to the market.

The as yet unnamed brand will be launched later this year and – according to a statement from IHG – the UK will be the launch pad for what will become a global luxury chain.

"The new brand will capitalise on the significant opportunity we have identified to offer consumers an informal but differentiated experience in the upscale segment, while offering owners a strong return on investment," the statement reads.

"These hotels will provide high-quality representation for the brand in IHG’s largest market within the Europe, Middle East, Asia & Africa (EMEAA) region, where it will initially be launched."

Keith Barr, IHG chief executive, added: “We're 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 UK 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.”

The 13 hotels included in the deal currently operate under the Principal Hotels and De Vere Hotels brands.

The 13 hotels to be managed by IHG under the Kimpton and new luxury brand:

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 Grand Birmingham (still being developed)

The Principal Manchester

The Principal Blythswood Square (Glasgow)

The Principal Grand Central (Glasgow)

The Principal St David’s (Cardiff)

The Principal Oxford Spires

De Vere Wotton House

InterContinental Hotels Group  IHG  Foncière des Régions  Starwood  Kimpton Hotels  Keith Barr 
Sign up for FREE ezines
Related news

Company profile

Company profile: Precor
Precor provides fitness and wellness equipment to all market segments, including commercial clubs/facilities, Hospitality, Residential, Corporate, and Education. We pride ourselves on being able to offer a turnkey solution, which also includes 2D and 3D design services, marketing and aftersales support, and service contracts.
View full profile >
More company profiles

Featured Supplier

Elevate 2026 to mark 10-year anniversary with biggest ever waterfront drinks reception
Elevate is set to celebrate its 10th anniversary in style this June, with organisers confirming the event’s largest-ever drinks reception as registrations continue to run more than 10% ahead of last year.
View full details >
More featured suppliers

Property & Tenders

Location: Stratford, East London.
Company: Lee Valley Regional Park Authority
Location: Y Felinheli, LL56 4QN
Company: Newmark
Location: Newhaven, Sussex
Company: EiA Real Estate
Location: Tutbury Castle, Staffordshire
Company: Savills
Location: Oxford
Company: University of Oxford
More properties & tenders

Diary dates

13-13 Jun 2026
Worldwide, Various
21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
06-08 Oct 2026
Messe Stuttgart, Stuttgart, Germany
22-22 Oct 2026
QEII Conference Centre, London
More diary dates