The Hotel Wilshire Los Angeles Joins Kimpton Hotels & Restaurants Portfolio

Hollywood hillsKimpton Hotels & Restaurants has purchased the 74-room Hotel Wilshire through a joint venture with OSM Investment Company. The LEED-certified boutique hotel in the Miracle Mile section of Los Angeles marks the second LEED-certified hotel in the Kimpton collection, in addition to its Hotel Palomar Philadelphia, and is the second Kimpton hotel in Los Angeles, sixth in the Southern California area. Kimpton operates 58 hotels and 67 restaurants, bars and lounges in 24 cities nationwide.

The Hotel Wilshire has 55 plush guestrooms and 19 suites, including a rooftop penthouse suite. Additionally, guests can enjoy a beautiful rooftop experience on the pool deck– home to The Roof on Wilshire restaurant. The hotel includes 1,750 square feet of event space, including a boardroom that features two floor-to-ceiling glass walls.

“We had an incredible year in 2012 with seven new hotels added to our collection and we couldn’t be more pleased to close out the year with our expansion in the highly-desirable Los Angeles market,” said Mike Depatie, chief executive officer, Kimpton Hotels & Restaurants. “Hotel Wilshire is a perfect fit for the Kimpton portfolio and we’re pleased to partner with OSM on co-ownership of this hotel.”

The Hotel Wilshire will undergo a few updates and offer all of Kimpton’s programs and services such as the hosted evening wine reception, animal print robes, wellness options, Kimpton’s InTouch loyalty program perks, pet-friendly practices, Kimpton’s EarthCare program, which includes more than 100 eco-friendly products and operating practices, and more.

Michael Orwitz, president of OSM Investment Company, states, “Being based in Los Angeles and having developed many residential properties in the city, we saw the Miracle Mile as an area of great opportunity to offer added convenience for the many businesses and residents in the Miracle Mile and Hancock Park neighborhoods. We are thrilled to be in this joint venture with Kimpton and are confident that the company’s stellar reputation and tenure in managing boutique hotels will take The Hotel Wilshire to even greater success.”

Visit www.KimptonHotels.com.