InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...
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.
On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.
IHG Hotels & Resorts has acquired Ruby, a premium urban lifestyle brand with 20 hotels in Europe, for approximately $116 ...
IHG acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...
The hotel company also posted accelerated RevPAR growth in the U.S. and globally in the fourth quarter of 2024.
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 Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
The company also announced a $900M share buyback program in 2025, as well as the acquisition of the Ruby brand for €110.5M.
It came as InterContinental Hotels Group revealed that operating profits grew by 10% as it benefited from more hotel openings ...
Ruby is a premium urban lifestyle brand situated in major city destinations. IHG expects to rapidly expand the brand globally. Established in 2013, the brand currently operates 20 hotels (3,483 rooms) ...