M&C Glasgow battle
Millennium & Copthorne has revealed plans to extend its Glasgow hotel. The hotel stands to lose more than 50 rooms that will be demolished to make way for a revamp of Queen Street station, reports The Herald.
Travel site Lastminute.com has been sold for GBP76m to Swiss online travel group Bravofly Rumbo. The price is a fraction of the GBP600m its sellers Sabre paid for the business in 2005, reports the Financial Times.
Blackstone backs Sentosa
Blackstone is buying into the W hotel on Singapore’s Sentosa island. The private equity investor is teaming up with Malaysia’s CIMB Bank to buy cashflows from the Sentosa Cove resort project, reports the Wall Street Journal.
Autograph signs in Dubai
Marriott has signed the Habtoor Grand Beach Resort & Spa in Dubai to its Autograph Collection. The 446 room hotel will join the grouping of independent hotels in early 2015.