The company also announced a $900M share buyback program in 2025, as well as the acquisition of the Ruby brand for €110.5M.
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GlobalData on MSNIHG purchases Ruby hotel brand for $116mInterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...
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Skift on MSNIHG Buys Ruby Hotels as 20th BrandIHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with ...
IHG acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...
IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with the largest hotel groups. IHG is acquiring Ruby Hotels in a deal worth ...
IHG Hotels & Resorts has acquired Ruby, a premium urban lifestyle brand with 20 hotels in Europe, for approximately $116 ...
InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
IHG is betting on hotel conversions to fuel its growth, as property owners increasingly look to re-flag their buildings.
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
It came as InterContinental Hotels Group revealed that operating profits grew by 10% as it benefited from more hotel openings ...
Ruby is a premium urban lifestyle brand situated in major city destinations. IHG expects to rapidly expand the brand globally. Established in 2013, the brand currently operates 20 hotels (3,483 rooms) ...
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