Daily Lodging Report Weekly Highlights

Hyatt has been very aggressive in its growth strategy this year, and the company shows no signs of slowing down — with CEO Mark Hoplamazian citing Europe as a major area for further expansion.

Here are some excerpts from Daily Lodging Report from the past week highlighting stories in hotel deals and development. Hotels, especially with apartment-style brands, had a better week than Airbnb did.

Swire Hotels, Pan Pacific, Mandarin Oriental, Hotel Lotte, and Accor all announced notable expansions or upcoming openings in Asia Pacific, a region that will boom once China's international tourists return.

Hotel operators will close this year having generated record-breaking revenue growth in most cases, say analysts at STR, PwC, Truist, and Jefferies. Yet the crystal ball for next year is a bit hazy.

The demand for lifestyle hotels is spreading to China, as seen by the rise of Atour. Plus other news in hotel deals and development from around the world.

Even as the Bank of Canada recently hiked interest rates, developers keep pressing ahead with hotel development at pre-pandemic levels. Plus, news other news in hotel deals and development worldwide.

Developers are eagerly building hotels in India, but analysts say they're not doing it quickly enough to meet demand over the next five years. Plus, other news in hotel development worldwide.

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The Middle East and Africa was the only world region to show an increase in overall hotel pipeline activity in recent months. Plus other news in hotel deals and development from across the globe.

Construction is starting on Miami's first super-tall tower. Plus, hotel deals and development news from across the globe.