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California Hospitality Market Sees Decline in Openings but Prepares for Growth
By Atlas Hospitality |
January 14, 2025 The year 2024 was a transformative one for California’s hotel industry, defined by a mix of contraction and resilience, according to the latest California Hotel Development Survey by Atlas Hospitality Group. While the number of new hotel openings declined sharply, several regions demonstrated their long-term commitment to hospitality growth, with major projects…
Read More Fewest Hotel Deliveries in California Since 2014
By Atlas Hospitality |
Openings dropped 34% in 2024, with only three new hotels in nine-county Bay Area. By Jack Rogers| January 17, 2025 at 07:08 AM Hotel development has plunged across California for 2024, with the lowest total of new hotels and rooms delivered to The Golden State since 2014. Only 35 new hotels were delivered last year, a…
Read More Bay Area, California hotel production plummets in 2024
By Atlas Hospitality |
By Alex Barreira – Staff Reporter, San Francisco Business Times | Jan 15, 2025 New hotel development fell sharply across California in 2024, particularly in the Bay Area. A year-end survey released this week from lodging consultancy Atlas Hospitality counted just four new hotels across the nine-county Bay Area opening in 2024, down from 12 new hotels…
Read More Hotel development stalls across the Bay Area and all of California
By Atlas Hospitality |
Development pipeline dries up as 75% fewer properties opened last year in region Jan 15, 2025, 6:41 PM By TRD Staff Development of hotels across the Bay Area and California appears stuck between floors. Last year, builders of hotels across the nine-county region opened just three hotels, a plunge of 75 percent from the 12…
Read More California hotel openings hit lowest point in years
By Atlas Hospitality |
Atlas Hospitality survey reports 35 new hotels in 2024 By Bryan Wroten | Hotel News Now | January 15, 2025 | 6:23 AM California hotel development reached its lowest point in about 10 years in 2024. Atlas Hospitality Group’s California Hotel Development Survey 2024 Year-End found 35 hotels opened last year, a 34% year-over-year drop in…
Read More California and Bay Area hotel development flops as market nosedives
By Atlas Hospitality |
Inflation and interest rates hobble hotel projects By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: January 15, 2025 at 4:18 AM PST SAN JOSE — Hotel development nosedived in California and the Bay Area in 2024, fresh evidence the statewide lodging market may still be affected by economic conditions following a global pandemic, a new report shows. Atlas Hospitality…
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