Hospitality Net: Latest Industry News

IHG acquires Ruby, its 20th brand, and targets global expansion

InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the Ruby™ brand and related intellectual property for initial purchase consideration of €110.5m (~$116m1). Ruby is a premium urban lifestyle brand for modern travellers in must-visi...

Feb 18, 2025 - 10:39
 0
IHG acquires Ruby, its 20th brand, and targets global expansion
InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the Ruby™ brand and related intellectual property for initial purchase consideration of €110.5m (~$116m1). Ruby is a premium urban lifestyle brand for modern travellers in must-visi...
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