4 days ago · Ruby SARL (Ruby Group) has agreed on a strategic cooperation with InterContinental Hotels Group PLC (IHG), by which the Ruby Group will use IHG’s global distribution platform, the IHG One Rewards loyalty program, and IHG’s marketing and sales network at the global level. The deal involves IHG acquiring the Ruby brand and, consequently, the franchise business opportunity, while the Ruby ...

4 days ago · InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the Ruby TM brand and related intellectual property for initial purchase consideration of €110.5m (~$116m 1).Ruby is a premium urban lifestyle brand for modern travellers in must-visit city destinations and provides hotel owners with space-efficient designs and an attractive, flexible concept that IHG expects to rapidly ...

3 days ago · IHG Hotels & Resorts announced today that it has acquired the Ruby™ brand from German hotelier, Ruby SARL. The hotel chain has 20 hotels open in Austria (3), Germany (9), Ireland (1), Italy (1), the Netherlands (1), Switzerland (2), and the United Kingdom (3). There are 10 more properties currently in the pipeline slated for new cities like Edinburgh, Marseille, Rome, and Stockholm.

3 days ago · Now, IHG is joining the fray with the acquisition of the "premium urban lifestyle" Ruby hotel brand from Germany-based Ruby SARL (Ruby Group). Already quite popular in Europe, with 20 hotels open in Germany, the U.K., Austria, Switzerland, Italy, Ireland and the Netherlands — plus 10 more in the pipeline — Ruby is a hotel brand touted to ...

2 days ago · 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 ...

4 days ago · InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the Ruby™ brand and related intellectual property for initial purchase consideration of €110.5m (~$116m1). Ruby is a premium ...

4 days ago · The company also announced that it has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial purchase consideration of approximately $116 million.

4 days ago · InterContinental Hotels Group PLC (IHG) acquired the Ruby brand and related intellectual property for an initial purchase consideration of €110.5 million (~$116 million) from Ruby SARL. Ruby is an urban lifestyle brand for modern travelers in city destinations that provides hotel owners with space-efficient designs and a flexible concept that IHG expects to expand globally.

4 days ago · InterContinental Hotels Group Plc (IHG.L,IHG), a British hospitality group, said on Tuesday that it has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial consideration of 110.5 million euros.This consists of an upfront payment of 109.9 million euros that has been paid on completion of the transaction and a …

3 days ago · InterContinental Hotels Group (IHG) has acquired from Ruby SARL the Ruby premium urban lifestyle hotel brand and related intellectual property for initial purchase consideration of 110.5 million euros (US$115.6 million). IHG is targeting the Ruby brand to grow to more than 120 hotels over the next 10 years