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 ...

InterContinental Hotels Group (IHG) has announced its acquisition of Ruby, a premium urban lifestyle hotel brand, from Ruby SARL. The deal, valued at €110.5 million (~$116 million), includes the Ruby ...

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 ...

Over the last few years, lifestyle hotel acquisitions have been all the rage for some of the world's biggest hotel companies, ...

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

IHG's latest franchising deal underscores how there's distribution pressure on independent hotel brands to join forces with the largest hotel groups. IHG is acquiring Ruby Hotels in a deal worth ...

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) ...

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