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Ruby Hotels

European lean-luxury lifestyle hotel operator

Overview

Ruby Hotels operates urban lifestyle hotels and Ruby Workspaces across Europe, offering lean luxury with high-quality essentials and fewer services. Its hotels are built in prime city-center locations and often converted from offices or retail spaces, using modular construction and automated, centralized back-end processes with self-service check-in. This approach keeps costs down and spaces design-led, delivering stylish rooms with good beds and features while avoiding expensive amenities like full-service dining. The goal is to provide premium, accessible stays and flexible workspaces, and to scale the concept globally, a path evidenced by its acquisition by IHG and ongoing expansion.

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About Ruby Hotels

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Industries

Consumer SoftwareEnterprise SoftwareDesignReal Estate

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Munich, Germany

Founded

2013

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Benefits

  • Profit Sharing
  • Training Programs
  • Professional Development Budget
  • Employee Discounts

Company News

Yahoo Finance
Jan 27th, 2026
Luxury hotel group Ruby opens first US location in historic Chicago building

Munich-based Ruby Hotels will open its first US location in a 1920s landmark building in Chicago, marking the luxury hotel group's expansion beyond Europe. The 22-storey, 412-room property will be developed just east of Michigan Avenue's Magnificent Mile. Founded in 2013 by Michael Struck, Ruby Group operates 34 properties across European cities including Düsseldorf, Zürich and London, focusing on "lean luxury" through sleek, tech-driven design rather than overt extravagance. The expansion follows IHG Hotels & Resorts' acquisition of the group in late 2025. The move comes as the global luxury hotel market is projected to grow from $103.93 billion in 2024 to $156.80 billion by 2030, according to Grand View Research and CoStar.

Travel Weekly
Feb 18th, 2025
IHG takes over urban hotel group Ruby | Travel Weekly

Deal for $116m disclosed alongside annual results

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