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February’s top stories: Ashford buys Chicago Water Tower, Carlson’s new brands

Ashford Hospitality has signed a definitive agreement to acquire the four-star hotel Sofitel Chicago Water Tower in the US for $153m while Carlson Rezidor Hotel Group plans to launch two new global hotel brands: Radisson Red, a 'lifestyle select' brand, and Quorvus Collection, a collection of luxury hotels. wraps-up the key headlines from February 2014.


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