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Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011. As of January 2024, it operates 81 hotels worldwide with a number of new properties forthcoming. [2]
It was purchased in March 2001 for $10.5 million by LaSalle Hotel Properties of Bethesda, Maryland. It reopened in October 2001 as the 99-room Kimpton Topaz Hotel, the first Kimpton-managed boutique hotel on the East Coast. [6] [7] The Kimpton Topaz Hotel closed on November 25, 2019, after being acquired by Douglas Development for $33.1 million ...
Kimpton Hotel Monaco Washington DC is a 183-room high end boutique hotel at the corner of 7th and F Streets Northwest in the Penn Quarter neighborhood of Washington, D.C. Kimpton Hotel Monaco DC is one of ten Kimpton hotel properties in the Washington Metropolitan Area and is located across the street from the National Portrait Gallery and the Capital One Arena.
Kimpton Banneker Hotel is a 144-room boutique hotel located at 16th Street Northwest and Rhode Island Avenue in Washington, D.C. [1] It is located at Scott Circle across from the Australian embassy. [2]
The Schofield Building (previously known as the Euclid Ninth Tower) is a high-rise building in downtown Cleveland, Ohio. [2] The 172-foot (52 m), 14-story building is located at the southwest corner of East 9th Street and Euclid Avenue, adjacent to the Rose Building and the City Club Building in the city's Historic Gateway District. [3]
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Kimpton Hotels & Restaurants founder Bill Kimpton saved the iconic hotel in 1993 by forming an investment partnership that purchased the property for $22 million (equivalent to $46.4 million in 2023). [7] Another $9 million was invested to renovate the entire building inside and out and the hotel was renamed the Kimpton Sir Francis Drake Hotel.
On August 22, 2006, the hotel became the Kimpton Hotel Palomar Washington DC. [8] The hotel was sold to the Massachusetts-based Service Properties Trust in 2019 for $141.5 million. That company owns a 1/3 stake in Sonesta Hotels, [9] and renamed the property the Royal Sonesta Washington DC Dupont Circle on December 1, 2020. [10]
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