The company also announced a $900M share buyback program in 2025, as well as the acquisition of the Ruby brand for €110.5M.
InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...
IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with ...
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.
InterContinental Hotels Group (IHG) has announced its acquisition of Ruby, a premium urban lifestyle hotel brand, from Ruby SARL. The deal, valued at €110.5 million (~$116 million), includes the Ruby ...
Founded in 2013, Munich-based Ruby has nine hotels in German cities, including Cologne, Dusseldorf, Frankfurt, Hamburg, ...
IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with the largest hotel groups. IHG is acquiring Ruby Hotels in a deal worth ...
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 betting on hotel conversions to fuel its growth, as property owners increasingly look to re-flag their buildings.
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
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) ...