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UPDATE: IHG Hotels & Resorts and Ruby Group to open first U.S. Ruby Hotel in Chicago

ByLisa Luckas

01/26/2026
a group of people standing around a large metal object

UPDATE: IHG Hotels & Resorts and Ruby Group to open first U.S. Ruby Hotel in Chicago

ATLANTA, United States – IHG Hotels & Resorts announced on January 26 the U.S. market debut of its Ruby Hotels brand with a new property in downtown Chicago. The hotel, a partnership with Ruby Group, is slated to open in 2027 following the renovation of the historic Inn of Chicago building.

What is new?

IHG Hotels & Resorts is introducing its Ruby Hotels brand to the United States through a partnership with Ruby Group. The first property will be located in downtown Chicago. Under a 30-year franchise agreement, Ruby Group will develop and operate the hotel, which involves the renovation and repositioning of the historic Inn of Chicago building.

Project Scope

The renovation of the late 1920s-era landmark is scheduled to start in the latter half of 2026. The project will transform the building into a 22-story hotel with 412 rooms. The plan includes a reimagined lobby and bar, along with a rooftop terrace and bar offering views of the city skyline.

The guestrooms will feature efficient layouts and premium finishes. The public spaces are designed to attract both travelers and local residents, reflecting the urban lifestyle focus of the Ruby brand.

Key Details

The future Ruby Hotel will be situated in the Inn of Chicago building, located one block east of the famed Magnificent Mile. The development is a strategic milestone for Ruby’s growth in key global urban markets. Ruby Group will oversee the project and operate the hotel, which is expected to open in 2027.

About this company

IHG Hotels & Resorts is a global hospitality company that operates a portfolio of 20 hotel brands, including InterContinental, Holiday Inn, and Crowne Plaza. The company has more than 6,800 open hotels and over one million rooms in more than 100 countries, with a development pipeline of over 2,300 properties.

IHG’s loyalty program, IHG One Rewards, has over 145 million members. The Group’s holding company, InterContinental Hotels Group PLC, is incorporated in England and Wales. Approximately 385,000 people work across IHG’s hotels and corporate offices globally.

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