Owned and developed by InnVest Hotels LP, the new boutique hotel will be a full conversion of the current Holiday Inn Toronto Bloor-Yorkville.
The “revitalized and re-concepted” 13-storey property will comprise 189 guestrooms, including 18 suites and one Presidential Suite; 2,000 square feet of ground-level meeting space; and a Bloor Street-facing leased restaurant and bar. Additional amenities will include a fitness center, complimentary PUBLIC bikes, yoga mats in every room, morning coffee and tea, and nightly social hour.
“We’re looking forward to entering the Canadian market and introducing our unique heartfelt service to Toronto,” said Mike DeFrino, CEO, Kimpton Hotels & Restaurants. “We’re thrilled to be working with InnVest to open the first boutique hotel that speaks to the city’s dynamic cultural scene.”
“We see Kimpton as the perfect partner for our new four-star boutique hotel,” said Andrew Higgs, senior director of Asset Management for InnVest Hotels. “Kimpton’s known as a leader in adaptive reuse and a company with a proven track record of inclusivity and diversity. Both of these will make the new Kimpton Bloor-Yorkville a successful and positively contributing member of the neighbourhood, setting the property up for success from the start.”
About Kimpton Hotels & Restaurants
San Francisco-based Kimpton Hotels & Restaurants is acknowledged as the industry pioneer that first introduced the boutique hotel concept to the United States. It currently operated 60 hotels and more than 70 restaurants, bars and lounges in 30 U.S. cities. In January 2015, Kimpton joined the InterContinental Hotels Group (IHG) family of hotel brands.
About InnVest Hotels LP
InnVest Hotels LP owns a portfolio of 94 hotels across Canada representing more than 14,500 guestrooms operated under internationally-recognized brands. It also holds a 50 percent interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada.