News in brief: Hersha, Absolute, Signature Life

Hersha buys Boston hotel:  Hersha Hospitality Trust bought the 80-room Bulfinch Hotel, located in Boston, for US$18.2 million.

Read more at MarketWatch


Absolute expands in Indonesia:  Absolute Hotel Services Group signed a management contract to manage a new 190-room U Agathis Pecatu, located in Bali.


Signature Life facing lawsuit:  Signature Life Hospitality is facing a lawsuit from the owners of four hotels it previously manage that are alleging mismanagement.

Read more at IOL News