Reading Time: 2 minutesSingapore: Ascott Reit has acquired a greenfield site for S$62.4 million for its first development project.

Reading Time: < 1 minuteUS: Ascott has opened Citadines Connect Fifth Avenue New York, the first Citadines property in the US.

Reading Time: < 1 minuteKenya: Investment firm Cytonn has received the go-ahead from the competition watchdog to buy Nairobi’s luxury hotel and serviced apartment company Wasini Resorts.

Reading Time: < 1 minuteUK: Dublin-based Staycity is set to open its latest aparthotel in Liverpool’s Corn Exchange building on 19 October, creating 23 full and part-time jobs in the city.

Reading Time: 2 minutesIndonesia: Ascott has paid US$26 million for a 70 per cent stake in Indonesian hotel management company TAUZIA Hotel Management.

Reading Time: < 1 minuteUS: Seattle-based corporate apartment rental startup Domicile has secured $5 million investment.

Reading Time: < 1 minuteUS: My Place Hotels of America has announced the groundbreaking of Utah’s fourth My Place Hotel.

Reading Time: < 1 minuteChina: Shama Hongqiao Shanghai, situated within the Greater Hongqiao Area in Shanghai, is now welcoming guests.

Reading Time: < 1 minuteUS: Residence Inn by Marriott is opening its first extended stay hotel in Stamford, Connecticut, in late autumn 2018.

Reading Time: 2 minutesUS: BridgeStreet has expanded its offer to business travellers to include options such as hostels and vacation rentals.