Breaking news from Kimpton this evening! I just received this email:

As a loyal member of our Kimpton Karma Rewards program, I wanted to share some very exciting news with you. We’ve just announced that Kimpton Hotels & Restaurants has signed an agreement to be acquired by one of the world’s leading hospitality companies, InterContinental Hotels Group (IHG) We’re thrilled to be joining IHG, alongside the nine successful brands already in their portfolio, and see great alignment between our two companies.
Rest assured, this news doesn’t have any immediate impact to your benefits or how you experience Kimpton. We’ll continue to offer the same great perks and benefits through our Kimpton Karma Rewards program across our 62 Kimpton hotels and any reward nights you’ve racked up stay perfectly intact. For the time being, the Kimpton Karma Rewards program and IHG Rewards Club will continue to run as separate loyalty programs.
We’re excited by the opportunities that lie ahead and look forward to expanding the unique Kimpton brand of hospitality.
As I’m sure you can imagine, transitions of this nature always take time. Please know we’ll continue to keep you informed. We just wanted to be the first to share the good news.
We’re always listening and love to hear from you.
Warmest Regards,
Mike Depatie CEO
Mike Depatie
Kimpton Hotels & Restaurants

On one hand, this is some pretty exciting news for Kimpton, but on the other hand I’m pretty sad. I love Kimpton, and I’m sure that when IHG takes over it’s not going to be quite the same (especially in terms of the great elite recognition and benefits).