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.

InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...

IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.

Led by increases in revenue per available rooms (“RevPAR”) in Europe and the Americas which offset continued losses in China, ...

Over the last few years, lifestyle hotel acquisitions have been all the rage for some of the world's biggest hotel companies, ...

IHG is betting on hotel conversions to fuel its growth, as property owners increasingly look to re-flag their buildings.

IHG acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...

InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...

Holiday Inn owner IHG announced a $900 million share buyback plan on Tuesday which fell short of some investors' estimates, ...

Holiday Inn owner InterContinental Hotels Group (IHG) has snapped up another hotel brand as it reported stronger profits.

InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial purchase consideration of €110.5m ($116m). Ruby is a high-end ...

InterContinental Hotels Group (IHG) said Monday it would acquire the Ruby hotel brand in a deal worth up to €291.5 million ($305.7 million), marking an expansion of its European portfolio. This ...