Skift on MSN5d
IHG Buys Ruby Hotels as 20th Brand
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.
The Points Guy on MSN5d
IHG acquires 'lean luxury' hotel brand with locations in European hotspots
Over the last few years, lifestyle hotel acquisitions have been all the rage for some of the world's biggest hotel companies, including Hyatt and Hilton. Now, IHG is joining the fray with the ...
Skift4d
IHG Buys Ruby, UK Green Fuel Dilemma and AmexGBT-CWT Merger
On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.
Bisnow5d
IHG Acquires Ruby Hotel Group For $116M, Plans Worldwide Expansion
IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
Travel Weekly5d
IHG acquires urban lifestyle brand Ruby
IHG Hotels & Resorts has acquired Ruby, a premium urban lifestyle brand with 20 hotels in Europe, for approximately $116 ...
Holiday Inn owner IHG's $900 million share buyback disappoints, shares fall
Holiday Inn owner IHG announced a $900 million share buyback plan on Tuesday which fell short of some investors' estimates, ...
The Caterer5d
IHG snaps up Ruby Hotels for £92m
InterContinental Hotels Group (IHG) has acquired Ruby Hotels in a £92m deal as it seeks to quadruple the urban lifestyle ...
IHG Shares Checkout Lower Despite $900 Million Buyback Plan
Shares in Holiday Inn owner InterContinental Hotels (IHG) booked a 3% drop in trading today despite announcing a huge share ...
GlobalData on MSN4d
IHG purchases Ruby hotel brand for $116m
InterContinental Hotels Group (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an ...