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

IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with ...

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

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

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

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

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

IHG is acquiring Ruby Hotels in a deal worth up to €291.5 million, expanding its European portfolio. Ruby Hotels will not be operated by IHG directly; the brand rights are acquired, with current ...

It came as InterContinental Hotels Group revealed that operating profits grew by 10% as it benefited from more hotel openings ...

Ruby is a premium urban lifestyle brand situated in major city destinations. IHG expects to rapidly expand the brand globally. Established in 2013, the brand currently operates 20 hotels (3,483 rooms) ...

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 ...

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