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Contractual dispute threatens Hyatt hotel plan at Haymarket

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Contractual dispute threatens Hyatt hotel plan at Haymarket

Hello and welcome to our daily digest of business, financial and economic news from around Scotland.

1. A contractual dispute has raised doubt over the building of a hotel for the Edinburgh International Conference Centre (EICC).

A 350-bedroom Hyatt at Haymarket was going to be run by the EICC through a franchise deal and help provide accommodation for delegates attending conferences.

The hotel would help to provide accommodation for delegates attending conferences

ALAMY

City of Edinburgh council had voted in 2021 to go ahead with the plan to enter into a 25-year lease for the hotel. Hyatt Hotels was announced as the brand the following year with an ambition for the hotel to be open in 2025.

The developer M&G is said to have recently asked for contractual changes related to insurance and liabilities but that has

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