Kimpton reveals new Toronto hotel development

The Holiday Inn Toronto Bloor Yorkville is slated for conversion to a Kimpton property.

Kimpton Hotels & Restaurants is developing a four-star Kimpton hotel in the Bloor-Yorkville neighborhood in Toronto, slated to open in mid-2018. Amid Bloor-Yorkville’s luxury retail and cultural destinations, the Kimpton will offer access to the epicenter of the city, right at the intersection of Bloor and St. George streets.

Owned and developed by InnVest Hotels, one of the largest hotel owners in Canada, Kimpton’s new boutique hotel in Toronto will be a full conversion of the current Holiday Inn Toronto Bloor Yorkville. The revitalized 13-story 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,” Mike DeFrino, Kimpton Hotels & Restaurants’ CEO, said in a release. “We’re thrilled to be working with InnVest to open the first boutique hotel that speaks to the city’s dynamic cultural scene.”

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.

The Bloor-Yorkville neighborhood is a cross-section of exclusivity and historic charm, and served as the heart of Toronto's bohemian culture in the 1960s. Today, the neighborhood is home to a variety of art galleries alongside boutiques and acclaimed restaurants in historic Victorian houses.

“We see Kimpton as the perfect partner for our new four-star boutique hotel,” Andrew Higgs, senior director of asset management for InnVest Hotels, said in a release. “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 neighborhood, setting the property up for success from the start.”

Suggested Articles

Among the key offerings in the new app are features and functionality meant to simplify the hotel booking process.

The REIT has wrapped up the transition of branding and management for 99 properties to subsidiaries of Sonesta International Hotels Corp.

The partnership with Black Salmon leverages both company's strengths across acquisitions, asset management and capital raising.