News in brief: Hyatt, Gokongwei, Brighton

Hyatt to expand in Thailand:  Hyatt Hotels Corp. announced that an affiliate signed a management agreement with Pioneer Property Co. to open the 227-room Hyatt Place Bangkok, Sukhumvit in 2017.

Read more at 4-traders


Gokongwei partnering with Okada:  Billionaire John Gokongwei’s Robinsons Land Corp. signed a preliminary agreement with Kazuo Okada’s Universal Entertainment Group for a proposed US$2.3 billion casino-resort project in Manila.

Read more at Bloomberg


Brighton expands in California:  Brighton Management bought the 101-room Le Rivage Hotel, located in Sacramento, and will convert it to Starwood Hotels & Resorts Worldwide’s Westin brand.

Read more at Sacramento Business Journal


Starwood Capital forms Europe debt fund:  Starwood Capital raised £228.5 million (US$368.17 million) for a commercial real estate debt fund for Europe.

Read more at The Daily Telegraph