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IHG brings Ruby to US, targeting urban micro market
Yahoo Finance· 2025-09-24 08:53
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Dive Brief: IHG Hotels & Resorts has made its Ruby Hotels brand available for development in the U.S., the hotel company announced Tuesday. IHG acquired the Germany-based lifestyle flag, its 20th global brand, for approximately $116 million earlier this year, with plans to “rapidly” take it to the Americas and across Asia, CEO Elie Maalouf said in a statement at the ...