This agreement marks the third signing in Spain for the Luxury & Lifestyle Kimpton brand, with the Marbella property joining Kimpton Vividora Barcelona and Kimpton Aysla Mallorca.
An idyllic retreat
The forthcoming Kimpton Los Monteros Marbella is now set to open in Marbella following a full refurbishment of The Hotel Los Monteros – Spa & Golf Resort Marbella, which closed late 2022. The property will provide an idyllic retreat within the foothills of the Sierra Blanca mountain range on the Costa del Sol between Malaga and the Strait of Gibraltar.
This soon-to-open property is located just 500m from the beach in a quiet and exclusive part of Marbella. The hotel is situated close to Marbella Golf, Santa Clara Golf and Rio Real golf courses, along with Marbella’s archaeological sites, museums and performance spaces.
Willemijn Geels, VP Development, Europe, IHG Hotels & Resorts, said: “We are delighted to have grown our Kimpton brand portfolio in Spain to three properties with the signing of Kimpton Los Monteros Marbella. We can’t wait to complete the full renovation of this outstanding hotel, and begin to welcome guests in the next few years.”
“Through our partnership with Bain Capital & Stoneweg, we’re offering travellers from around the world an outstanding new Luxury & Lifestyle venue in an eternally popular luxury tourism destination. We believe the hotel will be a flagship for the Kimpton brand in Southern Europe thanks to its size and breadth of facilities.”
A new partnership
The 178-key property will feature four restaurants and bars, two swimming pools, a gym, tennis courts and a spa, as well as 1,260 sq m of event space. The new hotel will be operated by IHG under a hotel management agreement with Monterotel SL, which is owned by the JV of Bain Capital & Stoneweg.
On the announcement, Rafael Coste Campos, Managing Director, Bain Capital, commented: “It has been wonderful to partner with IHG and bring to life our shared vision for Kimpton Los Monteros Marbella. Both companies are aligned in our desire to open a market-leading luxury destination in the region, and we look forward to collaborating further on this project.”
Miguel Casas, Managing Director of Stoneweg Hospitality, added: “Throughout this process, IHG has impressed us with its innovative thinking and ideas, and we are confident that their strong enterprise platform will drive outstanding returns in this emblematic property. Kimpton is the perfect brand for Marbella and we’re excited to welcome guests under the new brand.”