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IHG Buys Ruby Hotels

Skift on MSN · 3d

IHG Buys Ruby Hotels as 20th Brand

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.

GlobalData on MSN · 3d

IHG purchases Ruby hotel brand for $116m

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 urban lifestyle brand catering to modern travellers in top city destinations,

DPA International on MSN · 4d

InterContinental Hotels Group acquires Ruby, its 20th brand

InterContinental Hotels Group, a British hospitality giant that includes Holiday Inn, said on Tuesday it has acquired premium European hotel business Ruby for an initial €110.5 million ($115 million).

The Points Guy on MSN3d

IHG acquires 'lean luxury' hotel brand with locations in European hotspots

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

IHG CEO Touts Record Pace of Converting Buildings to Its Hotel Brands

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

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