BOVIS Lend Lease is set to beat Skanska to a £30 million deal to build a luxury hotel in Cambridge.
The Mandarin Oriental development at Great Shelford, on the outskirts of the city, is pitched at visiting overseas tourists.
A project source said: 'It is looking favourable for Bovis. Something should be confirmed after Easter.'Work on the 120room building is due to start this July.
Mandarin Oriental, which opened its first luxury hotel in Hong Kong in 1963, has one other hotel in the UK in Knightsbridge, west London.
Mandarin describes its hotels as having 'their own distinct personality yet inherently linked to their exotic oriental roots' The group currently owns 21 hotels in 14 countries.