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Skift on MSNIHG 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.
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GlobalData on MSNIHG purchases Ruby hotel brand for $116mInterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...
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The Points Guy on MSNIHG 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 ...
The company also announced a $900M share buyback program in 2025, as well as the acquisition of the Ruby brand for €110.5M.
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
It came as InterContinental Hotels Group revealed that operating profits grew by 10% as it benefited from more hotel openings ...
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 acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...
Holiday Inn owner InterContinental Hotels Group (IHG) has snapped up another hotel brand as it reported stronger profits.
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.
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