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.

Led by increases in revenue per available rooms (“RevPAR”) in Europe and the Americas which offset continued losses in China, ...

IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.

On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.

IHG Hotels & Resorts has acquired Ruby, a premium urban lifestyle brand with 20 hotels in Europe, for approximately $116 ...

IHG acquired Ruby Hotels for €110.5 million and reported 2024 financial results with a rise in revpar, average daily rate and ...

InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...

Shares in Holiday Inn owner InterContinental Hotels (IHG) booked a 3% drop in trading today despite announcing a huge share ...

Holiday Inn owner InterContinental Hotels Group (IHG) has snapped up another hotel brand as it reported stronger profits.

InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...