Juniper Hotels, a prominent name in luxury hospitality, has taken a strategic leap forward by acquiring a 100% stake in Jenipro Hotels Private Limited. This move aims to develop a world-class 5-star hotel and resort on leased land in the iconic Kaziranga region. The land, secured by Jenipro under a Public-Private Partnership (PPP) model with the Assam Tourism Development Corporation Limited,...
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 brand and related intellectual property, marking a significant milestone as IHG’s 20th brand. The acquisition underscores IHG’s commitment to expanding its portfolio in must-visit city...
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