Daily Lodging Report Weekly Highlights

Hyatt has a record hotel development pipeline of about 117,000 rooms worldwide. Investment bank analysts are scrambling to re-rate hotel companies. And more lodging news.

Hotel groups have been eager to introduce branded residential offerings. Plus, Marriott tests "magic" beds, Macau may cap room occupancy, and other recent hotel news.

Analysts with investment banks are struggling with their 2023 forecasts. Hotel performance remains strong, but economic headwinds are notable. The pictures they paint are worthy of Picasso's "Blue Period," with vibrant images shaded in a somber blue.

Davidson Kempner's acquisition of a $900 million real estate portfolio in Portugal includes a handful of high-value, desirably located hotels. That and more news in this week's global roundup of other hotel development updates.

In the next couple of years, Manila will add about 2,650 hotel rooms a year, about double its recent pace, while the Philippines will enjoy more inbound tourism. Read about that and other hotel development bulletins from worldwide in this week's news roundup.

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.