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Bay Area hotel purchases slump amid inflation, price uncertainty

Hotel purchases show weakness during first half of 2022 By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: September 12, 2022 at 1:30 p.m. | UPDATED: September 13, 2022 at 4:56 a.m. The Bay Area market for hotel purchases slumped during the first half of 2022 compared to the same period the year before amid inflation woes and fast-rising interest…
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Analysts Make Case for Optimism on Hotel Performance for Rest of Year (skift.com)

Sean O’Neill, Skift September 9th, 2022 at 2:00 AM EDT Skift Take Talk of inflation has soured some people on the prospects for hotels for the rest of the year. But some analysts, such as CBRE and Truist, have upgraded their views. Plus, Asia’s recovery and other news items. — Sean O’Neill Sunday, Sept. 4 After a record-breaking…
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After Slowdown in Property Sales, ‘Repricing’ Becomes This Summer’s Dreaded Word

Rising Interest Rates, Other Economic Challenges Plague Commercial Real Estate Nationally By Ryan Ori | CoStar NewsAugust 23, 2022 | 10:53 AM Summer lulls are nothing new in commercial real estate, but this year’s slowdown in deals is more pronounced because of one word that has defined the season: repricing. Rising interest rates, inflation and worries…
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Atlas Report Shines Spotlight on Hotel Sales in California

HOSPITALITY: Hotel Transactions Cooling Off in 2022 BY KAREN PEARLMAN | SEPTEMBER 2, 2022 After a record-breaking 2021 for hotel sales in California, including the highest number of individual hotel sales and total dollar volume sales in San Diego County, hotel transactions have cooled off in the state and region in the first six months…
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California hotel buyers’ price per room goes up, deals down

Focus shifts to luxury properties even as cost for capital climbs Los Angeles Archive / August 18, 2022 02:30 PMBy Isabella Farr If you’re looking to buy a hotel in California, expect to pay a record median price per room. The median price for a hotel per room hit $143,400 in the first half of this year — up 13…
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California hotel sales reach record price per room — but not in San Diego

The Moxy hotel was the priciest sale in San Diego County during the first six months of 2022 (Courtesy of CoStar) The priciest hotel sale in San Diego County during the first six months of the year was the 126-room Moxy, a hip boutique hotel by Marriott. BY LORI WEISBERG AUG. 18, 2022 4:24 PM PT Even…
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