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IHG Buys Ruby Hotels as 20th Brand
InterContinental Hotels Group (IHG) said Monday it would acquire the Ruby hotel brand in a deal worth up to €291.5 million ($305.7 million), marking an expansion of its European portfolio. This ...
IHG Hotels & Resorts is bringing its Ruby Hotels brand to the United States. The hotel giant's 20th global brand was founded in Germany in 2013, and now includes 34 open or pipeline hotels in major ...
IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with the largest hotel groups. InterContinental Hotels Group (IHG) said Monday it ...
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