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 ...
On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.
IHG Hotels & Resorts has acquired Ruby, a premium urban lifestyle brand with 20 hotels in Europe, for approximately $116 ...
IHG acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...
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 ...
IHG is acquiring Ruby Hotels in a deal worth up to €291.5 million, expanding its European portfolio. Ruby Hotels will not be operated by IHG directly; the brand rights are acquired, with current ...
InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
The company also announced a $900M share buyback program in 2025, as well as the acquisition of the Ruby brand for €110.5M.
It came as InterContinental Hotels Group revealed that operating profits grew by 10% as it benefited from more hotel openings ...
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
Holiday Inn owner InterContinental Hotels Group (IHG) has snapped up another hotel brand as it reported stronger profits.