News in brief: Swire, Hyatt, Guy Harvey

Swire to expand in China:  Swire Hotels announced that it will open the 100-room The Temple House, located in Chengdu and being jointly developed by Sino-Ocean Land and Swire Properties, in 2014.

Read more at 4-traders


Hyatt to expand in South Korea:  Hyatt Hotels Corp. announced that an affiliate has entered into a management agreement with KY Development Co. to open the 204-room Hyatt Place Seoul in 2016.

Read more at Daily Finance


Guy Harvey expands in Florida:  Guy Harvey Outpost Resorts announced that it will convert the 139-room Islander Resort, located in Islamorada.

Read more at Trade Only Today


Patton adds 4 US resorts:  Patton Hospitality Management announced that it will manage four U.S. timeshare resorts including The Shores at Orange Beach in Alabama, Los Lagos at Hot Springs Village and The Greens at Bella Vista Village in Arkansas, and Branson Yacht Club in Missouri.


Morgans shareholder asks for company sale:  Morgans Hotel Group Co. shareholder Caerus Global Investors asked the company to begin a formal sales process in light of a recent offer to buy the company.

Read more at The Wall Street Journal