Daily Lodging Report Weekly Highlights

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.

The lawyers for the Hotel Chelsea have been jiving around for years in an arcane legal battle with New York City. Yet victory may be in sight. Plus, a roundup of other hotel news from Vietnam, Shizuoka, Rajasthan, and elsewhere.

Surging hotel rates are poised to make planning business trips even harder for corporate travel managers already dealing with decreased travel budgets.

Amadeus and Tripbam separately reported data this week suggesting that corporate travel demand continues to gain momentum. Plus, China-based Dajia wants to sell $1.3 billion worth of hotels and other news.

A mobile tipping solution is a trend we welcome. Who carries small amounts of cash anymore? Plus, news in hotel deals and development worldwide.

The Government of Singapore Investment Corporation has acquired a majority stake in Sani/Ikos Group, a luxury beach resort group in the Mediterranean, for an undisclosed amount.