Acquiring Company
InterContinental Hotels Group PLC
Acquired Company
Ruby Hotels
Windsor
MunichHospitalityHotelHospitalityLeisureHotelDescription
InterContinental Hotels Group PLC (IHG) has completed the acquisition of Ruby Hotels, a premium urban lifestyle brand with 20 hotels across Europe and 10 pipeline hotels. The acquisition aims to extend IHG’s appeal to modern, lifestyle-focused travelers and offers a cost-efficient premium hotel concept in urban micro spaces, characterized by high barriers to entry and space constraints. The Ruby brand is expected to be ready for development in the US by the end of the year and targeted to grow to more than 120 hotels over the next 10 years globally.
Quick answer
InterContinental Hotels Group PLC is acquiring Ruby Hotels, announced February 18, 2025. InterContinental Hotels Group PLC is based in Windsor, Berkshire, United Kingdom.
- How much did InterContinental Hotels Group PLC pay for Ruby Hotels?
- The deal value was not disclosed.
- What does InterContinental Hotels Group PLC do?
- IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good.
- Where are InterContinental Hotels Group PLC and Ruby Hotels based?
- InterContinental Hotels Group PLC is based in Windsor, Berkshire, United Kingdom. Ruby Hotels is based in Munich, Bavaria, Germany.
- Who are the decision-makers at InterContinental Hotels Group PLC?
- Fundz holds 1 contact at InterContinental Hotels Group PLC. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hospitality and Hotel
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Hilton Grand Vacations acquires Bluegreen Vacations (March 3, 2025)
- IHG acquires Ruby brand to expand global presence in urban micro sub-segment (February 18, 2025)
- Wynn Resorts to acquire Crown London (Aspinalls) to expand global presence (January 9, 2025)
- Third-party consortium to acquire Soho House for $9.00/share (March 1, 2025)
- HR Group acquires H-Hotels with 60+ properties (February 27, 2025)
- Buyers Edge Platform completes acquisition of MM&C in Switzerland to expand European presence (January 21, 2025)
Who to call at InterContinental Hotels Group PLC, and when
When InterContinental Hotels Group PLC changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day InterContinental Hotels Group PLC raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at InterContinental Hotels Group PLC, from your own LinkedIn network
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Frequently asked
Who acquired Ruby Hotels?
Ruby Hotels was acquired by InterContinental Hotels Group PLC, based in Windsor. The deal was reported on February 21, 2025. IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. InterContinental Hotels Group PLC is publicly traded (IHG) and operates in Hospitality.
When did InterContinental Hotels Group PLC acquire Ruby Hotels?
InterContinental Hotels Group PLC's acquisition of Ruby Hotels was reported on February 21, 2025. InterContinental Hotels Group PLC (IHG) has completed the acquisition of Ruby Hotels, a premium urban lifestyle brand with 20 hotels across Europe and 10 pipeline hotels. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ruby Hotels do?
Ruby Hotels is a Munich-based hotel firm with a portfolio of 20 hotels and 3,483 rooms across Europe, including Germany, the U.K., Austria, Switzerland, Italy, Ireland, and the Netherlands. It is privately held, operating in Hospitality, and is based in Munich.
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