News in brief: GHM, Autograph, Morgans

GHM to expand in United Arab Emirates:  General Hotel Management signed a management deal with the Sharjah Investment and Development Authority to open the 54-room Al Bait Sharjah in 2015.

Read more GHM’s website


Autograph Collection to enter UK:  Marriott International announced that The Autograph Collection will enter the U.K. with the 69-room Threadneedles, located in London, and the 65-room The Glasshouse, located in Edinburgh, Scotland.

Read more at the Marriott News Center


Gemstone expands in Arizona:  Gemstone Hotels & Resorts announced that it assumed management of the 139-room assumed management of Nautical Beachfront Resort, located in Lake Havasu City.

Read more at Reuters


Blue Diamond expands in Jamaica:  Blue Diamond Hotels and Resorts will take over management of the 210-room former SuperClubs Breezes Negril Grand Resort and Spa.

Read more at Go-Jamaica


Ascott expands in China:  The Ascott Ltd secured a contract to manage the 290-unit Citadines Baijia Lake Nanjing serviced residences.


Morgans rights offering delayed:  Morgans Hotel Group agreed to delay the rights offering pending a hearing for a preliminary injunction in Delaware Chancery Court. The hearing is expected to be scheduled before May 15.


Oaktree Capital funds buy London hotel stake:  Quintain Estates sold a 50% stake in the 361-room Hilton London Wembley Hotel to OCM Wembley Holdings, owned by Oaktree Capital-managed funds.

Read more at Stock Market Wire


UK Travelodge restructuring update:  As part of its debt restructuring deal, UK Travelodge signed a new franchise contract for seven hotels with Moto as well as signed franchise contracts with individual operators for 13 other hotels.

Read more at Hospitality Net