Portland, Ore., Kimpton Sold to Pacifica Hotels

With the $33 million purchase, the 117-room Kimpton Hotel Vintage Portland joins the company's portfolio of more than 40 hotels.

Pacifica Hotels kimpton Hotel vintage Portland Oregon

Pacifica Hotels, which owns and operates more than 40 boutique hotels along the Pacific Coast, has acquired Oregon's 117-room Kimpton Hotel Vintage Portland for $32.9 million. The iconic property adds a new state to the company’s portfolio of hotels in California and Hawaii.

"The Portland hospitality market has a long history of success and is a market we have been looking to have a presence in for many years," said Chris Marquis, executive vice president of Pacifica. "We believe the strong, historical dynamics of the Portland hospitality market pair well with our expertise in design-forward, experiential hotels. We will continue to look to grow our footprint throughout the Pacific Northwest."

The Kimpton Hotel Vintage Portland was built in the late 1800s and underwent a multimillion makeover, in both 2015 and 2018, that overhauled the lobby, rooms and amenities. Each floor is dedicated to a different Willamette Valley American Viticultural Area, and each room is named after a local winery. 

For groups, the property offers 8,000 square feet of event space in eight rooms, a private wine cellar and a game lounge. The hotel’s lobby doubles as a tasting room, decorated with graffiti art murals.

The on-site, street-level venues Il Solito and Bacchus Bar haven't yet reopened from their pandemic suspension. "As the Portland hospitality market continues to regain strength, we are working diligently to reopen Il Solito, which we believe will be a top restaurant destination in downtown Portland upon its reopening," said Matt Marquis, Pacifica's CEO. "We also have preliminary plans to add additional food-and-beverage outlets within the hotel."