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As of 1st October, Ruby Group is introducing a new 35-hour workweek across the company for all employees, including at its hotels, workspaces, and across its reservation’s teams, with no change in salary. All employees of the group will also receive a share of the company’s profits from 2023.
Ruby Hotels’ expansion continues to successfully progress. In the first half of 2022, two hotels will open in Munich and Geneva, as well as a workspace in Vienna. To support the ongoing internationalisation and diversification, Ruby is expanding its top management team.
The Munich-based 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, affordable form of luxury for modern, cost and style-conscious customers. Founded in 2013, the Group already operates twelve Ruby hotels, with a further 22 hotels under construction or in the planning phase. Ruby is expanding into Asia with the joint venture Ruby Asia, founded in 2018. Ruby also offers Ruby Workspaces in Munich, Hamburg and Dusseldorf. Perfectly equipped workplaces and a creative atmosphere with access to an inspiring office community. Financially strong partners support Ruby s expansion. ECE Group; the Austrian Soravia Group; Franger Investment, a German family office; Ocean Link, a private equity fund; the entrepreneur Michael Hehn and Michael Struck jointly hold the company shares.