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IHG Buys Ruby Hotels

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,

Bisnow · 3d

IHG Acquires Ruby Hotel Group For $116M, Plans Worldwide Expansion

IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.

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, including Hyatt and Hilton. Now, IHG is joining the fray with the ...

hotelmanagement3d

IHG brand portfolio climbs to 20 as modern lifestyle offering joins the fold

InterContinental Hotels Group (IHG) has acquired premium urban lifestyle brand, Ruby, for €110.5 million (~AU$181.5m) from ...

property-magazine.eu3d

IHG Hotels & Resorts acquires Ruby Hotels

InterContinental Hotels Grouphas acquired from Ruby SARL the Ruby brand and related intellectual property for initial purchase consideration of €110.5m. As part of the master franchise and development ...

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IHG Buys Ruby Hotels

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