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 is betting on hotel conversions to fuel its growth, as property owners increasingly look to re-flag their buildings.
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 ...
Bank of America Securities analyst Muneeba Kayani maintained a Buy rating on Intercontinental Hotels Group (IHG – Research Report) today. The ...
It came as InterContinental Hotels Group revealed that operating profits grew by 10% as it benefited from more hotel openings ...
Holiday Inn owner IHG has announced the purchase of its 20th brand and a boost to shareholder returns as it benefits from the ...