InterContinental Hotels Group 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.Why It Matters ...

IHG will begin to incorporate the currently open Ruby hotels into the IHG One Rewards system later in 2025, with an expected completion date of March 21, 2026.

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 ...

Established in 2013, the Ruby brand has grown to comprise 20 hotels across major European cities as of 31 December 2024, with an additional 12 under construction, all slated to open within the ...

IHG will pay €110.5M, or about $116M, for the acquisition from operating company Ruby SARL.Munich-based Ruby Group operates more than 3,400 hotel rooms in countries such as Germany, London ...

IHG Hotels & Resorts has acquired Ruby, a premium urban lifestyle brand with 20 hotels in Europe, for approximately $116 million.. Ruby's operating company, Ruby Group, isn't included in the ...