IHG recently completed their takeover of Kimpton, which is both good and bad news, depending on how you look at it. It's bad news because Kimpton has historically been such a unique brand, and no doubt it will lose some of its charm now that it has been taken over by a hotel giant. At the same time, the good news is that this makes Kimptons more accessible for those who are otherwise IHG Rewards Club loyalists. As far as I'm concerned, one of the single most well rounded hotel credit cards is the IHG® Rewards Club Select Credit Card. The card has a $49 annual fee (waived the first year), and in addition to the sign-up bonus it offers several long term perks that more than justify the annual fee, the most valuable of which are:
Last month, I wrote twice about a promotion (read more here and here) from IHG that allows members to earn up to 71,000 bonus points and noted that there were some issues with similar promo last year. IHG has now retroactively amended the T&Cs of this offer. Members that live in Asia-Pacific (excluding Greater China), […]
We've seen a lot of consolidation in the hotel industry in the past few years. Marriott has taken over Starwood, IHG has taken over Kimpton, and Accor has taken over Fairmont, Raffles, And Swissôtel. While it sounds like this isn't anywhere close to being finalized (and may not happen), The Times ran an interesting story this week about a potential acquisition for IHG. While the story is primarily about a short term drop in IHG's stock due to the company not paying dividends to shareholders, there's an interesting rumor in there as well: "There were strong rumours yesterday that Mr Barr had held recent preliminary discussions with Belmond, the New York-listed luxury hotel and train operator formerly known as Orient-Express Hotels, although his insistence at last weeks results that any target would have to be a 'small, asset-light' brand makes a deal unlikely unless he can do a back-to-back sale of Belmonds assets." For those of you not familiar with Belmond, up until 2014 it was known as Orient-Express, though they rebranded at that point (and there's an interesting backstory to the rebranding).