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Dive Brief:
Kimpton Hotels & Restaurants plans to open a third hotel in New York City, Kimpton Rockefeller Center, in 2025, parent company IHG Hotels & Resorts announced Thursday.
Located on 48th Street between Fifth and Sixth Avenues, the 529-key, 33-story hotel is being developed in partnership with New York real estate developer Extell Development Company.
IHG is expanding the Kimpton brand as part of its broader luxury and lifestyle push. Kimpton, which recently opened a hotel in Denver, plans to open 57 additional properties within the next three to five years.