Daily Lodging Report Weekly Highlights

The rapid, explosive surge of Omicron cases around the world is weighing heavy on Asia-Pacific countries that were only just beginning to reopen their international borders. The latest variant once again puts those border reopening on ice — not ideal when the Winter Olympics is only weeks away.

The world may be on edge with a surge of new cases stemming from the Omicron variant, but governments are generally staying the course in keeping borders open. Hotel companies are maintaining growth mode with new deals and a potential blockbuster sale.

Hotel companies, developers, and investors all signaled this week with their various deals that they are all taking the long view on the hospitality industry. Omicron and the rest of the pandemic is a blip in the timeline of construction and brand expansion.

Leisure travel will continue to dominate hotel booking patterns into the new year, even if Omicron is only a minor blip on performance.

The Omicron variant hasn't impacted the global hotel industry as far as weekly performance data yet, but government regulations are already unfurling and pointing to a difficult winter ahead.

It's a week of good news for major U.S. cities while Asia Pacific sends mixed signals on reopening, much to the economic detriment of countries without much of a domestic traveler base.

Hilton is a winner in the Trump D.C. hotel sale while China's hotel development pipeline isn't suffering like the country's occupancy rates amid new coronavirus mitigation efforts.

Asia's reopening continues at a glacial pace while analysts now think a full demand recovery in the U.S. isn't out of the question sometime next year.

Data out of Asia shows just how bad border closures are hurting hotel business in major cities while it's business as usual on the investment transaction front.

Development interest, occupancy rates, and even business travel are on the rise around many parts the world where borders are reopening. But a zero-tolerance approach to coronavirus is putting some of China's largest cities through even more tough times.