InterContinental Hotels Group (IHG) said Monday it would acquire the Ruby hotel brand in a deal worth up to €291.5 million ...

Over the last few years, lifestyle hotel acquisitions have been all the rage for some of the world's biggest hotel companies, ...

InterContinental Hotels Group (IHG) has announced its acquisition of Ruby, a premium urban lifestyle hotel brand, from Ruby SARL. The deal, valued at €110.5 million (~$116 million), includes the Ruby ...

The company also announced a $900M share buyback program in 2025, as well as the acquisition of the Ruby brand for €110.5M.

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

IHG is betting on hotel conversions to fuel its growth, as property owners increasingly look to re-flag their buildings.

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

Holiday Inn owner IHG announced a $900 million share buyback plan on Tuesday which fell short of some investors' estimates, ...

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 ...

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