Portfolio Items
Report: California Hotel Development Rebounds, Led by Landmark Openings in Southern Counties
By Atlas Hospitality |
After several years of subdued activity, California’s hotel development market is showing renewed momentum in 2025, highlighted by a surge in new openings and a major milestone in hospitality construction. According to a mid-year report from Atlas Hospitality Group, 36 hotels opened in the first half of 2025, up 64 percent from the same period…
Read More Are San Francisco values bottoming out?
By Atlas Hospitality |
By Rob Schneider & Jeffrey Weinstein | July 14, 2025 Experts say there are great deals in the Bay Area, but they will require patience as the market makes its years-long recovery. SAN FRANCISCO — With several notable defaults, sales and foreclosures in the Bay Area over the past year, hotel investors are asking when values will bottom out and…
Read More Gaylord Pacific opening helps set record for San Diego hotel development
By Atlas Hospitality |
While the opening of the mega bayfront resort in Chula Vista is a bright spot, hotel development in San Diego is expected to decline By Lori Weisberg | The San Diego Union-Tribune UPDATED: July 14, 2025 at 1:05 PM PDT Amid a continued slowdown in hotel development, the first half of 2025 was a standout for one reason…
Read More California hotel openings pick up the pace in first half of 2025
By Atlas Hospitality |
New Gaylord Pacific Resort boosts room openings count With 1,600 keys, the Gaylord Pacific Resort & Convention Center in Chula Vista is the largest hotel to open in California during the first half of the year. (CoStar) By Bryan Wroten | CoStar News | July 11, 2025 | 6:38 AM The number of hotel openings in…
Read More Big Oakland hotel is seized by lender as Bay Area lodging market fades
By Atlas Hospitality |
Hotel is an East Bay landmark By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News GroupUPDATED: July 9, 2025 at 11:46 AM PDT OAKLAND — A lender has taken ownership of Oakland’s biggest hotel through a foreclosure that underscores the ailments and price nosedives that plague the Bay Area’s sickly lodging market. The Oakland Marriott City Center hotel was taken…
Read More LVMH to Sell Santa Barbara’s El Encanto Hotel for $82.2 Million
By Atlas Hospitality |
By John Gittelsohn | July 7, 2025 at 1:00 PM PDT French luxury giant LVMH Moët Hennessey Louis Vuitton SE is selling its only US hotel, the El Encanto in Santa Barbara, California. The 90-room property — in a coastal getaway northwest of Los Angeles — is being purchased by a partnership of brothers Justin and Tyler Mateen and Culver…
Read More