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IHG Buys Ruby Hotels

Bisnow · 7h

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.

Skift on MSN · 12h

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.

Hosted on MSN · 17h

Holiday Inn owner IHG buys Ruby Hotels as profits rise

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

DPA International on MSN · 17h

InterContinental Hotels Group acquires Ruby, its 20th brand

InterContinental Hotels Group, a British hospitality giant that includes Holiday Inn, said on Tuesday it has acquired premium European hotel business Ruby for an initial €110.5 million ($115 million).

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IHG InterContinental Hotels Group PLC

It also provides IHG Rewards loyalty program. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Windsor, the United Kingdom.

11h

Bank of America Securities Keeps Their Buy Rating on Intercontinental Hotels Group (IHG)

Bank of America Securities analyst Muneeba Kayani maintained a Buy rating on Intercontinental Hotels Group (IHG – Research Report) today. The ...

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IHG Buys Ruby Hotels

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