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 ...
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InterContinental Hotels Group acquired the Ruby Group, which operates 20 hotels across Europe under its brand, with plans to expand the concept globally. IHG will pay €110.5M, or about $116M, for the ...
IHG Hotels & Resorts is bringing its Ruby Hotels brand to the United States. The hotel giant's 20th global brand was founded in Germany in 2013, and now includes 34 open or pipeline hotels in major ...
Ruby Hotels has announced its first hotel project in Malta, following the opening of Ruby Ninu Workspaces in February last year. The company is collaborating with the VBL Group, Valletta’s largest ...
Ruby Hotels has announced the opening of its newest property, Ruby Stella Hotel & Bar in Clerkenwell, London. The property marks Ruby Hotels’ 20th hotel in Europe and third in London. Situated on Eyre ...
IHG's newsest brand, Ruby, has a track record in Europe, but in the U.S., it’s starting from scratch. IHG Hotels & Resorts is bringing its Ruby brand to the U.S., jumping into a crowded field of urban ...
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IHG Buys Ruby Hotels as 20th Brand
InterContinental Hotels Group (IHG) said Monday it would acquire the Ruby hotel brand in a deal worth up to €291.5 million ($305.7 million), marking an expansion of its European portfolio. This ...
IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with the largest hotel groups. InterContinental Hotels Group (IHG) said Monday it ...
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