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.
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.
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.
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.
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.
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.