IHG acquires Ruby brand to expand global presence in urban micro sub-segment
Acquiring Company
InterContinental Hotels Group PLC
Acquired Company
Ruby brand (from Ruby SARL)
Windsor
CaliforniaHospitalityHotelHospitalityLeisureHotelTravelDescription
InterContinental Hotels Group PLC (IHG) has acquired the Ruby brand from Ruby SARL for an initial purchase consideration of €110.5 million. This strategic move is aimed at bolstering IHG's global system size and profitability by expanding its presence in the premium urban lifestyle segment and leveraging the space-efficient 'Lean Luxury' concept of the Ruby brand.
Quick answer
InterContinental Hotels Group PLC is acquiring Ruby brand (from Ruby SARL), 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 brand (from Ruby SARL)?
- 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 brand (from Ruby SARL) based?
- InterContinental Hotels Group PLC is based in Windsor, Berkshire, United Kingdom. Ruby brand (from Ruby SARL) is based in California, United States.
- 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 Hotels & Resorts acquires Ruby Hotels to expand global presence (February 18, 2025)
- European Waterways acquires Shannon Princess to enhance luxury barge offerings (January 19, 2025)
- Wynn Resorts to acquire Crown London (Aspinalls) to expand global presence (January 9, 2025)
- HR Group acquires H-Hotels with 60+ properties (February 27, 2025)
- Lufthansa secures 41% stake in ITA Airways, set to gain full control by 2033 (January 17, 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
Works inside ChatGPT and Claude. Ask who to call at InterContinental Hotels Group PLC. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment InterContinental Hotels Group PLC makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Ruby brand (from Ruby SARL)?
Ruby brand (from Ruby SARL) was acquired by InterContinental Hotels Group PLC, based in Windsor. The deal was reported on February 18, 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 brand (from Ruby SARL)?
InterContinental Hotels Group PLC's acquisition of Ruby brand (from Ruby SARL) was reported on February 18, 2025. InterContinental Hotels Group PLC (IHG) has acquired the Ruby brand from Ruby SARL for an initial purchase consideration of €110.5 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ruby brand (from Ruby SARL) do?
The Ruby brand, recognized for its 'Lean Luxury' concept, operates 20 hotels across major European cities with another 10 hotels in the pipeline. It is privately held, operating in Hospitality, and is based in California.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.