IHG acquires Ruby brand for €110.5m, expanding its urban lifestyle portfolio. Ruby operates 20 hotels in Europe, with 10 more planned, enhancing IHG's global presence.

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 ...

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Firmdale Hotels has sold a 20% stake in its business to Swedish pharmaceuticals tycoon Lennart Perlhagen for a price reported ...

A 4.4 magnitude earthquake was recorded on Monday between the southern Aegean Greek islands of Amorgos and Santorini, the ...