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IHG acquires European lifestyle brand Ruby, targets global growth

Summary by hoteldive.com

The hotel company also posted accelerated RevPAR growth in the U.S. and globally in the fourth quarter of 2024.

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hoteldive.com

IHG acquires European lifestyle brand Ruby, targets global growth

The hotel company also posted accelerated RevPAR growth in the U.S. and globally in the fourth quarter of 2024.

4 days ago

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thebulkheadseat.com

IHG Hotels & Resorts Acquires Its 20th Brand: Ruby™ - The Bulkhead Seat

IHG Hotels & Resorts announced today that it has acquired the Ruby brand from German hotelier, Ruby SARL. The hotel chain has 20 hotels open in Austria (3), Germany (9), Ireland (1), Italy (1), the Netherlands (1), Switzerland (2), and the United Kingdom (3). There are 10 more properties currently in the pipeline slated for new cities like Edinburgh, Marseille, Rome, and Stockholm. The Ryby brand was established in 2013 and offers a stylish yet …

3 days ago

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BoardingArea

IHG Points: How Much Are They Worth for Frequent Flyers? - BoardingArea

Over the years, I’ve poured through countless traveler reports, industry releases, and even some specialized data from 2024 that evaluated hotel loyalty programs. From everything I’ve seen, IHG points often hover around 0.7 cents each, although I’ve encountered plenty of cases where they dip to about 0.5 or spike closer to 0.62 cents. If I’ve learned anything from these numbers, it’s that a little strategy goes a long way—especially when combini…

4 days ago

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UpgradedPoints.com

IHG Adds Ruby Hotels and Plans for Global Expansion

InterContinental Hotels Group (IHG) has acquired Ruby, a “premium urban brand” with 20 hotels across Europe. This acquisition will represent IHG’s 20th brand and will provide a new lifestyle-focused option for members looking for a stylish yet relaxed stay. Ruby is already a well-established brand with ambitious expansion plans, which is a big add for IHG. Let’s take a look at the details. IHG Adds Ruby Hotels IHG has announced that it has acqui…

4 days ago

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LODGING Magazine

IHG Acquires 20th Brand, Ruby, to Further Global Expansion

InterContinental Hotels Group PLC (IHG) acquired the Ruby brand and related intellectual property for an initial purchase consideration of €110.5 million (~$116 million) from Ruby SARL. Ruby is an urban lifestyle brand for modern travelers in city destinations that provides hotel owners with space-efficient designs and a flexible concept that IHG expects to expand globally. Established in 2013, the Ruby brand currently operates 20 hotels (3,483 …

4 days ago

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Hospitality Net

Ruby forms strategic cooperation with IHG to accelerate profitable growth, particularly targeting the U.S. and Asia

Ruby SARL (Ruby Group) has agreed on a strategic cooperation with InterContinental Hotels Group PLC (IHG), by which the Ruby Group will use IHG’s global distribution platform, the IHG One Rewards loyalty program, and IHG’s marketing and sales network at the global level. The deal involves IHG acquiring the Ruby brand and, consequently, the franchise business opportunity, while the Ruby Group focuses on, and continues to grow, its business with i…

4 days ago

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