Kimpton Ashbel Hotel Opens in New York
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Newsfilter
- Historic Renovation: The Kimpton Ashbel Hotel is housed in a restored 1928 Beaux-Arts landmark featuring 205 guest rooms, many offering views of Park Avenue and the Empire State Building, significantly enhancing the hotel experience in Midtown Manhattan.
- Unique Design Philosophy: Designed by Busta Studio, the interiors emphasize material richness and artisanal details, creating a warm and intimate living atmosphere that encourages guests to slow down and enjoy a tranquil environment.
- Innovative Social Spaces: The hotel's public areas are designed as social hubs, featuring custom beverage carts for Kimpton's social hour and an innovative café concept, aimed at enhancing the hotel's community feel and neighborhood appeal.
- Art Integration: The hotel features a curated collection of mixed-media works by local artists, organized by Soho Art Gallery, which enriches the cultural atmosphere of the hotel and enhances the overall guest experience.
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Analyst Views on IHG
Wall Street analysts forecast IHG stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 158.040
Low
135.00
Averages
135.00
High
135.00
Current: 158.040
Low
135.00
Averages
135.00
High
135.00
About IHG
InterContinental Hotels Group PLC is a United Kingdom-based global hospitality company. The Company has a diverse portfolio of differentiated brands. With 20 hotel brands and IHG One Rewards, which is a hotel loyalty program, the Company has approximately 6,600 open hotels in more than 100 countries, and a development pipeline of over 2,200 properties. The Company’s brands include Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Express, Holiday Inn Hotels & Resorts, Garner hotels, avid hotels, Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites, Iberostar Beachfront Resorts, and Ruby. Ruby brand operates approximately 20 hotels (3,483 rooms) in cities across Europe and has another 10 pipeline hotels (2,235 rooms).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Kimpton Ashbel Hotel Opens in New York
- Historic Renovation: The Kimpton Ashbel Hotel is housed in a restored 1928 Beaux-Arts landmark featuring 205 guest rooms, many offering views of Park Avenue and the Empire State Building, significantly enhancing the hotel experience in Midtown Manhattan.
- Unique Design Philosophy: Designed by Busta Studio, the interiors emphasize material richness and artisanal details, creating a warm and intimate living atmosphere that encourages guests to slow down and enjoy a tranquil environment.
- Innovative Social Spaces: The hotel's public areas are designed as social hubs, featuring custom beverage carts for Kimpton's social hour and an innovative café concept, aimed at enhancing the hotel's community feel and neighborhood appeal.
- Art Integration: The hotel features a curated collection of mixed-media works by local artists, organized by Soho Art Gallery, which enriches the cultural atmosphere of the hotel and enhances the overall guest experience.
See More
Kimpton Ashbel Hotel Opens in Historic Beaux-Arts Building
- Hotel Features: Kimpton Ashbel Hotel, located in a historic 1928 Beaux-Arts building, boasts 205 guest rooms and suites, many offering views of Park Avenue and the Empire State Building, enhancing the hotel offerings in Midtown Manhattan.
- Design Philosophy: Designed by Busta Studio, the interiors emphasize material richness and artisanal details, creating spaces that feel both elegant and comfortable, aiming to provide guests with a warm and intimate experience akin to a private residence.
- Social Experiences: The hotel features Kimpton's signature social activities, including complimentary Kickstart coffee and tea each morning and the evening Kimpton Social gathering, designed to strengthen connections between guests and the local community, enhancing the overall stay experience.
- Art Integration: The hotel showcases a curated collection of mixed-media works by local artists, organized by Soho Art Gallery, enriching the cultural atmosphere of the hotel and reflecting a respect for local art and culture.
See More
Kimpton Ashbel Hotel Opens in New York
- Hotel Design Concept: Kimpton Ashbel Hotel, located in a 1928 Beaux-Arts building, features 205 guest rooms inspired by classic New York townhouses, aiming to provide a warm and refined living experience that enhances the competitive landscape of Midtown Manhattan's hotel market.
- Interior Decoration Features: Designed by Busta Studio, the hotel's interiors emphasize material richness and artisanal details, utilizing hand-brushed limed oak and Italian marble to create an elegant yet comfortable environment, appealing to guests seeking high-quality accommodation experiences.
- Innovative Social Experiences: The hotel offers Kimpton's signature social activities, such as the daily Kickstart coffee and the evening Kimpton Social gatherings, aimed at enhancing guest interaction with the local community, thereby improving overall customer satisfaction and loyalty.
- Upgraded Dining Services: The Park & Bel café provides a carefully curated selection of artisanal pastries and seasonal fruits, transforming into a bespoke cocktail bar in the evening, attracting both hotel guests and locals, further enhancing the hotel's appeal and market positioning.
See More
InterContinental Hotels Group Announces Share Buyback
- Share Buyback Volume: InterContinental Hotels Group purchased 40,000 ordinary shares on May 20, 2026, through Goldman Sachs International on the London Stock Exchange, demonstrating the company's confidence in its stock value and expected to enhance investor trust.
- Price Range Analysis: The shares were bought at a lowest price of $150.15 and a highest price of $154.95, with an average price of $152.06, indicating the company's proactive capital management strategy amid market fluctuations.
- Share Cancellation Plan: The company intends to cancel the repurchased shares, reducing the total ordinary shares to 149,627,985 (excluding 5,431,782 held in treasury), which is expected to increase earnings per share and enhance shareholder value.
- Shareholder Authorization Context: This buyback was conducted under the authority granted by shareholders at the Annual General Meeting on May 8, 2025, reflecting the company's transparency in capital allocation and commitment to shareholder interests.
See More
InterContinental Hotels Group Announces Share Buyback
- Share Buyback Volume: InterContinental Hotels Group purchased 2,669 ordinary shares on May 6, 2026, through Goldman Sachs International on the London Stock Exchange, demonstrating the company's confidence in its stock value and aiming to enhance shareholder returns.
- Price Range Analysis: The shares were bought at a minimum price of $144.25 and a maximum of $145.00, with an average purchase price of $144.7332, indicating a cautious buyback strategy to optimize capital structure amid market fluctuations.
- Share Cancellation Plan: The company intends to cancel the repurchased shares, reducing the total ordinary shares outstanding to 149,956,426 (excluding 5,431,782 held in treasury), which will further enhance earnings per share and increase shareholder value.
- Shareholder Authorization Context: This buyback is executed under the authority granted by shareholders at the Annual General Meeting on May 8, 2025, reflecting the company's proactive capital management supported by shareholder confidence in its future growth.
See More
InterContinental Hotels Group Announces Share Buyback
- Share Buyback Volume: InterContinental Hotels Group purchased 20,000 ordinary shares on May 5, 2026, through Goldman Sachs International on the London Stock Exchange, demonstrating the company's confidence in its stock value and aiming to enhance shareholder returns.
- Price Range Analysis: The buyback occurred at a minimum price of $139.30 per share, a maximum of $142.55, and an average of $140.9865, reflecting a cautious buyback strategy amid market fluctuations.
- Share Cancellation Plan: The company intends to cancel the repurchased shares, reducing the total ordinary shares outstanding to 149,959,095 (excluding 5,431,782 held in treasury), which will further increase earnings per share and enhance shareholder value.
- Shareholder Authorization Context: This buyback is executed under the authority granted by shareholders at the Annual General Meeting on May 8, 2025, indicating the company's transparency in capital management and commitment to shareholder interests.
See More
Kimpton Ashbel Hotel Opens in New York
- Historic Renovation: The Kimpton Ashbel Hotel is housed in a restored 1928 Beaux-Arts landmark featuring 205 guest rooms, many offering views of Park Avenue and the Empire State Building, significantly enhancing the hotel experience in Midtown Manhattan.
- Unique Design Philosophy: Designed by Busta Studio, the interiors emphasize material richness and artisanal details, creating a warm and intimate living atmosphere that encourages guests to slow down and enjoy a tranquil environment.
- Innovative Social Spaces: The hotel's public areas are designed as social hubs, featuring custom beverage carts for Kimpton's social hour and an innovative café concept, aimed at enhancing the hotel's community feel and neighborhood appeal.
- Art Integration: The hotel features a curated collection of mixed-media works by local artists, organized by Soho Art Gallery, which enriches the cultural atmosphere of the hotel and enhances the overall guest experience.
See More
Kimpton Ashbel Hotel Opens in Historic Beaux-Arts Building
- Hotel Features: Kimpton Ashbel Hotel, located in a historic 1928 Beaux-Arts building, boasts 205 guest rooms and suites, many offering views of Park Avenue and the Empire State Building, enhancing the hotel offerings in Midtown Manhattan.
- Design Philosophy: Designed by Busta Studio, the interiors emphasize material richness and artisanal details, creating spaces that feel both elegant and comfortable, aiming to provide guests with a warm and intimate experience akin to a private residence.
- Social Experiences: The hotel features Kimpton's signature social activities, including complimentary Kickstart coffee and tea each morning and the evening Kimpton Social gathering, designed to strengthen connections between guests and the local community, enhancing the overall stay experience.
- Art Integration: The hotel showcases a curated collection of mixed-media works by local artists, organized by Soho Art Gallery, enriching the cultural atmosphere of the hotel and reflecting a respect for local art and culture.
See More
Kimpton Ashbel Hotel Opens in New York
- Hotel Design Concept: Kimpton Ashbel Hotel, located in a 1928 Beaux-Arts building, features 205 guest rooms inspired by classic New York townhouses, aiming to provide a warm and refined living experience that enhances the competitive landscape of Midtown Manhattan's hotel market.
- Interior Decoration Features: Designed by Busta Studio, the hotel's interiors emphasize material richness and artisanal details, utilizing hand-brushed limed oak and Italian marble to create an elegant yet comfortable environment, appealing to guests seeking high-quality accommodation experiences.
- Innovative Social Experiences: The hotel offers Kimpton's signature social activities, such as the daily Kickstart coffee and the evening Kimpton Social gatherings, aimed at enhancing guest interaction with the local community, thereby improving overall customer satisfaction and loyalty.
- Upgraded Dining Services: The Park & Bel café provides a carefully curated selection of artisanal pastries and seasonal fruits, transforming into a bespoke cocktail bar in the evening, attracting both hotel guests and locals, further enhancing the hotel's appeal and market positioning.
See More
InterContinental Hotels Group Announces Share Buyback
- Share Buyback Volume: InterContinental Hotels Group purchased 40,000 ordinary shares on May 20, 2026, through Goldman Sachs International on the London Stock Exchange, demonstrating the company's confidence in its stock value and expected to enhance investor trust.
- Price Range Analysis: The shares were bought at a lowest price of $150.15 and a highest price of $154.95, with an average price of $152.06, indicating the company's proactive capital management strategy amid market fluctuations.
- Share Cancellation Plan: The company intends to cancel the repurchased shares, reducing the total ordinary shares to 149,627,985 (excluding 5,431,782 held in treasury), which is expected to increase earnings per share and enhance shareholder value.
- Shareholder Authorization Context: This buyback was conducted under the authority granted by shareholders at the Annual General Meeting on May 8, 2025, reflecting the company's transparency in capital allocation and commitment to shareholder interests.
See More
InterContinental Hotels Group Announces Share Buyback
- Share Buyback Volume: InterContinental Hotels Group purchased 2,669 ordinary shares on May 6, 2026, through Goldman Sachs International on the London Stock Exchange, demonstrating the company's confidence in its stock value and aiming to enhance shareholder returns.
- Price Range Analysis: The shares were bought at a minimum price of $144.25 and a maximum of $145.00, with an average purchase price of $144.7332, indicating a cautious buyback strategy to optimize capital structure amid market fluctuations.
- Share Cancellation Plan: The company intends to cancel the repurchased shares, reducing the total ordinary shares outstanding to 149,956,426 (excluding 5,431,782 held in treasury), which will further enhance earnings per share and increase shareholder value.
- Shareholder Authorization Context: This buyback is executed under the authority granted by shareholders at the Annual General Meeting on May 8, 2025, reflecting the company's proactive capital management supported by shareholder confidence in its future growth.
See More
InterContinental Hotels Group Announces Share Buyback
- Share Buyback Volume: InterContinental Hotels Group purchased 20,000 ordinary shares on May 5, 2026, through Goldman Sachs International on the London Stock Exchange, demonstrating the company's confidence in its stock value and aiming to enhance shareholder returns.
- Price Range Analysis: The buyback occurred at a minimum price of $139.30 per share, a maximum of $142.55, and an average of $140.9865, reflecting a cautious buyback strategy amid market fluctuations.
- Share Cancellation Plan: The company intends to cancel the repurchased shares, reducing the total ordinary shares outstanding to 149,959,095 (excluding 5,431,782 held in treasury), which will further increase earnings per share and enhance shareholder value.
- Shareholder Authorization Context: This buyback is executed under the authority granted by shareholders at the Annual General Meeting on May 8, 2025, indicating the company's transparency in capital management and commitment to shareholder interests.
See More
