IHG Hotels & Resorts (IHG) will open its first ever managed luxury hotel in Brisbane, following the signing of an agreement with Kokoda Property to bring the Kimpton® Hotels & Restaurants brand to the trendy suburb of Teneriffe in 2028.
Announced today at AHICE Asia Pacific, the brand new, luxury Kimpton in Brisbane’s Teneriffe neighbourhood will form part of Kokoda Property’s $1.5 billion mixed-use development comprising extensive ground floor hospitality and retail amenity, commercial offices and multiple residential towers in a lifestyle precinct.
Providing a welcomed boost to the luxury hotel market in Brisbane, Kimpton will offer approximately 155 unique, design-led rooms and suites, including marquee suites that will cater to celebrity guests and VIPs. Remaining true to Kimpton’s global reputation around world-class restaurants, this stunning lifestyle hotel will feature a 200-plus-seat signature restaurant and bar on Level 14, a spa with multiple treatment rooms, fitness centre and 618sqm of flexible indoor and outdoor event space that makes the most out of Brisbane’s tropical weather.
Excitingly, Kimpton will boast absolute waterfront access and views, including a jaw-dropping infinity pool overlooking the Brisbane River and an open-air Garden Terrace bar. Guests will enjoy incredible vistas on each side of the hotel with sweeping water views, or a spectacular outlook of the Brisbane city skyline.
Every Kimpton is an individual brand, anchored in its individual design perspective, to ensure the richest and most immersive brand experience. The vibrant, cool and social inner-city neighbourhood of Teneriffe is the perfect fit for the brand’s guest profile - with trendy wine bars, restaurants, breakfast cafés, dog parks, artisan bakeries and locally loved microbreweries all within walking distance.
Cameron Burke, Director of Development, Australasia & Pacific, IHG Hotels & Resorts said: “We couldn’t be more excited to bring our Kimpton brand to Brisbane, particularly in such a strategic location that perfectly aligns to the aspirational ethos of the brand. Kimpton has an ardent global following amongst the lifestyle-led and socially inclined, which will resonate strongly as part of the Skyring Terrace precinct and within Brisbane’s luxury hotel market. We’re thrilled to be partnering with Kokoda Property in pursuit of our common vision to elevate the hospitality space in South-East Queensland.
“The strength of IHG’s brand portfolio, particularly within the luxury and lifestyle segments, is accelerating the growth of our Australian estate – and this signing is a significant testament to that.”
Mark Stevens, Founder and Managing Director, Kokoda Property said: “The Kimpton brand was the ideal choice for, and will be the centrepiece of, our striking Teneriffe development. The brand’s lifestyle centric positioning, design and playful guest experiences will fit perfectly into this exciting and unique pocket of Brisbane.
“We’re excited to play a part in the regeneration of historic Teneriffe - from its industrial origins into one of the trendiest neighbourhoods of Brisbane. It’s a popular year-round hub for fitness and is set to get even better with Skyring Terrace to connect Brisbane’s famed riverwalk between Teneriffe and New Farm and become the cultural heartbeat of the lively area.”
Founded in 1981 in San Francisco by Bill Kimpton, Kimpton® Hotels & Restaurants’ heartfelt approach to hospitality has translated to unique, design-led hotels across city centres, beachside resorts, mountain getaways, and more. It is the original boutique hotel company, which pioneered the concept of unique, distinctive, design-forward hotels. With more than 70 hotels and 85 restaurants, bars and lounges around the world, Kimpton is the fastest growing relaxed luxury brand globally.
The signing adds to IHG’s fast-growing luxury and lifestyle portfolio, now the second largest in the world, and reinforces its focus on its growing presence in Australia. In the luxury and lifestyle segment, IHG has 14 open hotels and has a further five in the pipeline in Australia for brands including InterContinental, Six Senses, Hotel Indigo, and now Kimpton.
IHG currently has 53 hotels operating under eight brands in Australia, including InterContinental, Kimpton, Vignette Collection, Hotel Indigo, Crowne Plaza, voco, Holiday Inn Express and Holiday Inn Hotels & Resorts, with another 19 hotels in the pipeline, including Kimpton Teneriffe**.
*Australian Bureau of Statistics
**Figures as of 31 December 2023.
Signing ceremony of Kimpton in Brisbane’s Teneriffe - from left to right: Evan Ho, Director of Capital & Acquisitions, Kokoda Property, Ivonne Abood, Marketing Director, Kokoda Property, Michael Minuzzo, Development Director, Kokoda Property, Mark Stevens, MD & Founder, Kokoda Property, Kenneth Macpherson, Chief Executive – Europe, Middle East, Asia & Africa, IHG, Cameron Burke, Director of Development – Australasia & Pacific, IHG, Rajit Sukumaran, SVP and Managing Director, IHG and Matt Tripolone, Managing Director – Australasia & Pacific, IHG.