Development Pipeline Scheduled for 2027

Ruby Hotel Chicago

IHG Hotels & Resorts and Ruby Group Bring Its First U.S. Ruby Hotel to Chicago

IHG Hotels & Resorts (IHG), one of the world's leading hospitality companies, celebrates the U.S. market debut of its Ruby Hotels brand with a property in the heart of downtown Chicago. Ruby Group will develop and operate the hotel under a 30-year franchise agreement with IHG, overseeing the comprehensive renovation and repositioning of the historic Inn of Chicago building into a vibrant Ruby Hotels property that blends soulful design with its storied past.

Ruby Hotel Chicago ......

Photo by IHG

The transformation of the late 1920s era landmark - one block east of the famed Magnificent Mile - will honor its Chicago hospitality heritage while introducing Ruby's modern sensibility. Expected to begin in the latter half of 2026, the renovation will reflect Ruby's urban lifestyle brand and embody its signature blend of character, charm and efficient design.

Plans call for a 22-story hotel with 412 rooms and a reimagined lobby and bar experience, delivering an energetic, social atmosphere from morning to late night. A rooftop terrace and bar will showcase the iconic city skyline, inviting guests to gather and take in the unique culture and rhythms of the Windy City. Updated public spaces will reflect Ruby's vibrant and character-rich environments, attracting both travelers and locals alike. Guestrooms combine efficient layouts with premium finishes, delivering an elevated experience at a lower cost per square foot for strong returns.

With a planned opening in 2027, Ruby Group will develop and operate the hotel, collaborating closely with IHG to bring the Ruby brand's unique design and hallmarks to life while reflecting Chicago's cultural identity.

Ruby Group is developing the project together with Orange County-based Berk Properties. Led by principals David Davidson and Rajesh Masina, Berk Properties contributes deep real estate and hospitality expertise, drawing on more than 25 years of experience in the residential and hospitality luxury real estate markets in the U.S.

The introduction of Ruby Hotels to the U.S. less than a year after IHG's acquisition of the brand, and just four months after its U.S. development availability, reflects its ambition to grow the brand to more than 120 global hotels during the next decade and more than 250 during the next 20 years. Founded in Germany in 2013, Ruby's expanding presence includes 35 open and pipeline hotels across major European cities.*

*As of Q3 2025

Hotel Website
USA & Canada United States Illinois Chicago

The Munich-based Ruby Group, led by founder and CEO Michael Struck, is breaking new ground with their Lean Luxury philosophy. By having a lean organizational structure and concentrating on the essentials, Ruby manages to create a contemporary, affordable form of luxury for the modern, cost- and style-conscious customers. Founded in 2013, the group already operates four Ruby Hotels, with neun more under construction.

IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,900 in the development pipeline.

The Ruby Group under the leadership of founder and CEO Michael Struck is breaking new ground with its Lean Luxury philosophy. With a lean organisational structure and concentration on the essentials, Ruby succeeds in creating a contemporary, accessible form of luxury for modern, cost and style-conscious customers. Founded in 2013, the group operates 20 Ruby hotels across Europe, with an additional 10 hotels currently under construction or in...