Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM listed Action Hotels (AHCG) has announced another new hotel, this time in the UAE. It states that it is in the final stages of agreeing a long term management contract for a 104 room outlet in the commercial district of Ras al-Khaimah – the contract will kick in by September 2015.
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