Less than a year after IHG Hotels & Resorts announced it would buy the European lifestyle brand Ruby for $116 million, the company is bringing its first U.S. property to downtown Chicago.
Ruby Group will develop and operate the new hotel under a 30-year franchise agreement with IHG, transforming the historic Inn of Chicago building — a late 1920s landmark located one block east of the Magnificent Mile — into a 412-room Ruby Hotels property. The renovation is expected to begin in the latter half of 2026, with a planned opening in 2027.
A great solo travel tip spotted this week on Luxury Travel Advisor.
