IHG Hotels & Resorts announced the signing of a Kimpton hotel in Madrid and it’ s doing it in partnership with Spain’ s most well-known department store chain— El Corte Inglés. The hotel is being developed in Madrid’ s tony Salamanca neighborhood, known for its boutique shopping and array of restaurants. This will be the first Kimpton-branded hotel in the Spanish capital, but not the first in Spain, with other Kimpton properties |
in Barcelona, Mallorca and Marbella. The 106-key hotel is expected to open in mid-2030 and feature a ground-floor restaurant, spa and indoor pool as well as a rooftop bar and restaurant.“ Spain is a cornerstone of our European growth strategy, offering significant scale potential and strong fundamentals,” said Willemijn Geels, VP of development, Europe, IHG Hotels & Resorts. Tourism became one of Madrid’ s leading economic sectors in |
Future site of Kimpton brand in Madrid. |
2025, reaching a record € 17.9 billion in international visitor spending, up 11 % year-onyear |
and 71 % versus 2019, according to National Institute of Statistics. |