Posts by WAW
Hotel Development Booming in California
The San Diego Union-Tribune 08/04/16 Hotel Development Booming in California By Lori Weisberg http://www.sandiegouniontribune.com/news/2016/aug/04/california-san-diego-in-hotel-building-boom/ California, like the rest of the country, is in the midst of a hotel building boom, with more than 17,000 rooms under construction and 84,000 more in the pipeline. The surge in development, following a years-long drought in new hotels,…
Read MoreSan Diego County Adds 1,017 Hotel Rooms in 2016 and More Are Coming
Bisnow 08/02/16 San Diego County Adds 1,017 Hotel Rooms in 2016 and More Are Coming By Patricia Kirk https://www.bisnow.com/san-diego/news/hotel/san-diego-county-adds-1017-hotel-rooms-in-2016-and-more-coming-63498 San Diego County added six new hotels with 1,017 rooms in 2016, according to a new report from Irvine, CA-based Atlas Hospitality Group. The largest new San Diego hotel opening so far this year was…
Read MoreJMBM’s 2016 Meet the Money: Alan Reay Discusses the California Hotel Market
Hotel Boom Propels Variety of Projects
San Diego Business Journal 07/28/16 Hotel Boom Propels Variety of Projects By Lou Hirsh http://www.sdbj.com/news/2016/jul/28/hotel-boom-propels-variety-projects/ San Diego — Developers of Pendry San Diego, a new $100 million luxury hotel set to open this November in the Gaslamp Quarter, say they’re not worried that other posh competitors have also set their sights on downtown San…
Read MoreOC Adds Most Hotel Rooms
Bisnow 08/01/16 OC Adds Most Hotel Rooms By Karen Jordan https://www.bisnow.com/orange-county/news/hotel/oc-adds-highest-number-of-hotel-rooms-63367 Good news for the OC: during the first six months of this year, the county added more hotel rooms than any other county in California. Orange County added 1,100 hotel rooms from January through last month, according to a recent mid-year survey by…
Read MoreIs O.C. Building Too Many Hotels? 5 Things to Know
Orange County Register 07/29/16 Is O.C. Building Too Many Hotels? 5 Things to Know By Jonathan Lansner http://www.ocregister.com/articles/hotels-724068-hotel-room.html Orange County hotels: Too much new stuff? A hotel building boom is underway, but that development raises questions as to whether there’s enough tourism business to keep local hotels profitable. Here are questions to ponder: 1.…
Read MoreConvention Center Demand Sparks Plans for 1,100-Room Hotel
Los Angeles Business Journal 07/29/16 Convention Center Demand Sparks Plans for 1,100-Room Hotel By Daina Beth Solomon http://www.labusinessjournal.com/news/2016/jul/29/convention-center-demand-sparks-plans-1100-room-ho/ Lightstone Group is moving forward with plans to build a $450 million hotel with 1,100 rooms across from the Convention Center. The New York developer recently submitted its application to city planners for a Gensler-designed project…
Read MoreOC Adds Most New Hotel Rooms
Orange County Business Journal 07/27/16 OC Adds Most New Hotel Rooms By Paul Hughes http://www.ocbj.com/news/2016/jul/27/oc-adds-most-new-hotel-rooms/ Orange County opened more new hotel rooms in the first six months of 2016 than any county in California but its future pace will give way to other areas, according to a recent report. Some 1,100 hotel rooms were…
Read MoreMarriott La Jolla Sale Tops in County
The San Diego Union-Tribune 07/26/16 Marriott La Jolla Sale Tops in County By Lori Weisberg http://www.sandiegouniontribune.com/news/2016/jul/26/marriott-lajolla-sold-priciest-san-diego-county/ The 372-room San Diego Marriott La Jolla has been sold for nearly $131 million, making it the single largest hotel sale in the county so far this year. Purchasing the property, in the University Town Center area, was…
Read More5 Worrisome Things in Anaheim’s Hotel Deal
Orange County Register 07/17/16 5 Worrisome Things in Anaheim’s Hotel Deal By Jonathan Lansner http://www.ocregister.com/articles/hotel-722597-luxury-tax.html The city of Anaheim is betting on luxury hotels. Last week, city leaders approved a deal that will see Walt Disney Co. and developer Wincome Group get roughly a half-billion dollars in tax breaks over two decades to construct three,…
Read MoreHistoric Hotels in O.C. Coast Cities Are Thriving by Offering Cozy, Personalized Experiences
Orange County Register 07/10/16 Historic Hotels in O.C. Coast Cities Are Thriving by Offering Cozy, Personalized Experiences By Hannah Madans http://www.ocregister.com/articles/beach-722021-hotel-hotels.html Perched above the sand in Laguna Beach is the Laguna Riviera Beach Resort, a blink-and-you-miss-it hotel known for its whimsical murals and history of celebrity clients. The family-owned hotel opened in 1948. Guests…
Read MoreAnaheim Considers Tax Incentives for Three Luxury Hotels Near Disneyland
The Orange County Register 07/07/16 Anaheim Considers Tax Incentives for Three Luxury Hotels Near Disneyland By Joseph Pimental http://www.ocregister.com/articles/anaheim-721842-city-hotel.html ANAHEIM – The City Council on Tuesday will consider tax incentives reimbursing developers some $560 million over 20 years for building three luxury hotels in Anaheim’s resort district, including one at Disneyland. City leaders said…
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