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.
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 continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
InterContinental Hotels Group PLC closed 9.61% below its 52-week high of £109.75, which the company reached on February 10th.
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 ...
InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the RubyTM brand and related intellectual property for ...
The company has paid €111 for the Ruby hotel brand, which is 'a premium urban lifestyle brand for modern travellers in ...
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