IHG Hotels and Resorts signs first Kimpton in Spain’s Capital
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, signs a Kimpton-branded hotel in Madrid, located in Goya Street, 89, in partnership with El Corte Inglés. The signing, advised by Colliers Hotels Iberia, marks the brand’s debut in Madrid and a significant step forward in IHG’s continued luxury and lifestyle growth in Spain. Location: Goya Street, 89, in the prestigious Barrio Salamanca district. Opening: Expected mid‑2030. Partnership: Developed with El Corte Inglés, advised by Colliers Hotels Iberia. Property details: 106 rooms in a heritage building, featuring a ground‑floor restaurant, spa, indoor pool, and a rooftop bar/restaurant with city views. Significance: Marks Kimpton’s debut in Madrid, adding to existing Spanish locations in Barcelona, Mallorca, and Marbella. Market context: Madrid’s tourism sector hit €17.9 billion in international visitor spending in 2025, up 71% compared to 2019. IHG footprint: As of March 2026, IHG has 116 open and 68 pipeline luxury/lifestyle properties in Europe, with 66 open and 16 pipeline hotels across all segments in Spain. Willemijn Geels, VP of Development for Europe at IHG, described the project as a milestone in their European luxury growth strategy, emphasizing Kimpton’s design‑led, locally inspired hospitality approach.
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