IHG Signs Third Kimpton Hotel in Spain

Dark/Light Mode (02/06/23)  IHG has signed the third Kimpton hotel in Spain.

Kimpton Los Monteros Marbella will be operated by IHG under a hotel management agreement with Monterotel SL, owned by the JV of Bain Capital & Stoneweg, which was set up in 2021 and owns four hotels in the country.

Before opening, the property will undergo a full refurbishment to transform it from the former The Hotel Los Monteros – Spa & Golf Resort Marbella which has been closed since late 2022.

The deal for the 178-key Kimpton Los Monteros Marbella follows the signings of Kimpton Vividora Barcelona and Kimpton Aysla Mallorca.

Kimpton Los Monteros Marbella

“It has been wonderful to partner with IHG and bring to life our shared vision for Kimpton Los Monteros Marbella,” said Rafael Coste Campos, Managing Director, Bain Capital. “Both companies are aligned in our desire to open a market-leading luxury destination in the region, and we look forward to collaborating further on this project.”

Kimpton Los Monteros Marbella will feature 178 rooms and suites, four restaurants and bars, over 1,260 sqm of meeting and event space, and a wide range of leisure activities including two swimming pools, a gym, tennis courts and a spa.

The hotel is situated just 500 metres from the beach in an exclusive area of Marbella just 3.5 kilometres from the city centre and 45km away from Malaga Airport, with Gibraltar Airport also under an hour's drive away.

Close to popular golf courses, including Marbella Golf, Santa Clara Golf and Rio Real, Kimpton Los Monteros Marbella also offers guests an ideal base from which to explore Marbella’s archaeological heritage, museums and performance spaces, as well as events ranging from reggae concerts to opera performances.

“We are delighted to have grown our Kimpton brand portfolio in Spain to three properties with the signing of Kimpton Los Monteros Marbella. We can’t wait to complete the full renovation of this outstanding hotel, and begin to welcome guests in the next few years,” said Willemijn Geels, VP Development, Europe, IHG Hotels & Resorts. “Through our partnership with Bain Capital & Stoneweg, we’re offering travellers from around the world an outstanding new Luxury & Lifestyle venue in an eternally popular luxury tourism destination. We believe the hotel will be a flagship for the Kimpton brand in Southern Europe thanks to its size and breadth of facilities.”

As of 31 March 2023, IHG had 46 properties operating under 8 brands in Spain including Six Senses Hotels Resorts Spas, InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Hotel Indigo, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels & Resorts, Holiday Inn Express and Iberostar Beachfront Resorts, with a further 13 in the pipeline.

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