RL expands in California: Red Lion Hotels Corporation signed a franchise license agreement for a hotel in Redding, California. Following an extensive renovation, the hotel is expected to convert to Red Lion Inn & Suites Redding this summer.
Minor to develop in Dubai: Minor Hotel Group has partnership with Dubai Properties to develop Anantara Dubai Creek Hotel. The 290-key property is expected to open in 2018.
Hawaii sets revenue record: Hawaii’s hotel industry generated a record US$5.4 billion in revenue in 2014. According to Hospitality Advisors LLC, ADR rose 5.5% to US$242.63.
Six Senses to open Bali resort: Six Senses will develop a resort southwest of Bali at Uluwatu. Six Senses Bali is expected to open in 2017 and include 28 sky villas, 62 one-bedroom villas and seven two-bedroom villas.
Read more at Travel Daily News
Stone Manor Hotel acquired: The Stone Manor Hotel was acquired by Helena and Andy Hogarth, the owners of Hogarths Hotel & Restaurant. The hotel will undergo a refurbishment of its guestrooms, public areas and restaurant.
Read more at The Business Desk
Schaumberg Home 2 Suites approved: Trustees in Schaumberg, Illinois, approved a 105-extended stay Home 2 Suites by Hilton. The hotel will be built by Inland Midwest Development Corp.
Renewed investor interest: According to a recent HVS report, 2014 was a record year for European hotel transaction volumes. Up 86% from 2013, volumes reached a total of €4.4 billion (US$5 billion), a new record since the onset of the global financial crisis.