Pacifica Hotels, a California-based owner and operator of boutique hotels along the Pacific Coast, has announced its acquisition of Kimpton Hotel Vintage Seattle.
This downtown Seattle boutique hotel will join Pacifica Hotels’ growing portfolio of more than 40 properties in California, Hawaii and Oregon.
Acquired for $33.7m, Pacifica Hotels has plans to undertake a renovation of the hotel’s 125 guest rooms, restaurant and lobby.
Hotel Vintage Seattle, which will continue to be operated by Kimpton, offers amenities including 660ft² of event space, an acclaimed Italian restaurant Tulio, an on-site fitness centre as well as convenient parking space.
The acquisition of Kimpton Hotel Vintage Seattle includes the Hotel Vintage brand, which was first launched by Bill Kimpton in 1983 with the creation of Hotel Vintage Court in San Francisco.
It later added Hotel Vintage Seattle and Vintage Plaza in Portland, which is currently known as Hotel Vintage.
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Pacifica Hotels executive vice-president Chris Marquis said: “We are excited to be expanding our footprint in the Pacific Northwest by acquiring another iconic hotel in one of the most dynamic gateway cities in the US.
“We have been looking at investment opportunities in the Seattle market for over a decade and are pleased to be adding Hotel Vintage to the Pacifica portfolio at such an attractive basis.”