Keyword: Citadines Connect
The Citadines Kuta Beach Bali is the group's first property outside Hong Kong and Australia.
The strategy will increase its portfolio in Singapore to 17 properties with more than 3,100 units.
The Ascott Limited will manage 14 properties with more than 2,000 rooms across eight countries in Asia, the Middle East and Europe.
The 125-room hotel formerly was the Hotel Central Fifth Avenue New York and is the first Citadines property in the United States.