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.
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.
Now, IHG is joining the fray with the acquisition of the "premium urban lifestyle" Ruby hotel brand from Germany-based Ruby ...
On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.
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.
Founded in 2013, Munich-based Ruby has nine hotels in German cities, including Cologne, Dusseldorf, Frankfurt, Hamburg, ...
InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
IHG acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...
Shares in Holiday Inn owner InterContinental Hotels (IHG) booked a 3% drop in trading today despite announcing a huge share ...
(Alliance News) - InterContinental Hotels Group PLC on Tuesday expanded its hotel portfolio, as it launched a new share buyback after booking strong revenue growth in 2024. The Berkshire, ...