Over the last few years, lifestyle hotel acquisitions have been all the rage for some of the world's biggest hotel companies, including Hyatt and Hilton. Now, IHG is joining the fray with the ...

IHG is betting on hotel conversions to fuel its growth, as property owners increasingly look to re-flag their buildings.

The post-COVID travel industry has seen several significant mergers, acquisitions and shutdowns involving major airlines, ...

InterContinental Hotels Group has announced the acquisition of the Ruby Hotels brand for €110 million. The brand currently ...

Led by increases in revenue per available rooms (“RevPAR”) in Europe and the Americas which offset continued losses in China, ...

IHG will acquire the Ruby hotel brand in a deal worth up to €291.5 million ($305.7 million). Its 20th brand is big in Europe.

The global luxury hotel market was valued at $95,113.00 million in 2020, is projected to reach $160,481.23 Mn by 2031, grow at a CAGR of 5.1% from 2022-2031.