IHG acquires Ruby brand for €110.5m, expanding its urban lifestyle portfolio. Ruby operates 20 hotels in Europe, with 10 more planned, enhancing IHG's global presence.
IHG will acquire the Ruby hotel brand in a deal worth up to €291.5 million ($305.7 million). Its 20th brand is big in Europe.
Over the last few years, lifestyle hotel acquisitions have been all the rage for some of the world's biggest hotel companies, including Hyatt and Hilton. Now, IHG is joining the fray with the ...
InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...
On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
Founded in 2013, Munich-based Ruby has nine hotels in German cities, including Cologne, Dusseldorf, Frankfurt, Hamburg, ...
InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
Shares in Holiday Inn owner InterContinental Hotels (IHG) booked a 3% drop in trading today despite announcing a huge share ...
(Alliance News) - InterContinental Hotels Group PLC on Tuesday expanded its hotel portfolio, as it launched a new share buyback after booking strong revenue growth in 2024. The Berkshire, ...