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.
Skift on MSN7d
IHG Buys Ruby Hotels as 20th BrandIHG 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.
The Points Guy on MSN6d
IHG acquires 'lean luxury' hotel brand with locations in European hotspotsOver 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 ...
GlobalData on MSN6d
IHG purchases Ruby hotel brand for $116mInterContinental 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.
Holiday Inn owner IHG announced a $900 million share buyback plan on Tuesday which fell short of some investors' estimates, ...
InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
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 ...
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