Reading Time: 2 minutesUK: US investment giant Brookfield has exchanged contracts to buy SACO from Oaktree Capital Management for around £430 million.

Reading Time: 2 minutesUK: A 13-storey aparthotel proposed by developers Salboy and Factory Estates in Manchester’s Northern Quarter has been refused by the city council’s planning committee.

Reading Time: < 1 minuteUK: Roomzzz is set to open its latest aparthotel, in Manchester’s Corn Exchange, later this month.

Reading Time: < 1 minuteUS: The first structural steel for the hotel tower at Lexington’s CentrePointe development was put in place this week.

Reading Time: < 1 minuteAustralia: The Aria Hotel in Canberra has been sold for AUS$35 million.

Reading Time: 2 minutesUS: The $7.7 million renovation of the former Hilton Suites Lexington Green has been completed, and the property has been rebranded Embassy Suites by Hilton Lexington Green.

Reading Time: 2 minutesJapan: Frasers Hospitality is investing SG$250 million to develop Capri by Fraser, Ginza / Japan

Reading Time: 2 minutesUS: Airbnb is to allow accommodation providers to list on its site for the first time through an official third-party distribution network.

Reading Time: < 1 minuteSynergy Global Housing has appointed Edel Godfrey as business development manager for the organisation’s EMEA Global Solutions Centre in Dublin.

Reading Time: < 1 minuteUK: SACO commercial director Ben Harper has been appointed to the board of the Institute of Travel Management.