The Sun
02/24/18

Southern California to Get 75 More Hotels After 39 Opened Last Year
By Jonathan Lansner

https://www.redlandsdailyfacts.com/2018/02/24/southern-california-to-get-75-more-hotels/

Southern California’s hotel building boom continues.

Atlas Hospitality reports the five-county region saw 39 hotels open last year, bringing 7,331 more rooms to Southern California. That’s up from 22 new properties with 3,955 rooms in 2016.

And the construction surge won’t stop soon: 75 hotels with 12,237 rooms are under construction in the region. Yes, there are more hotels under construction than the slew that opened in the past two years across the region.

Last year, the five-county region saw 39 hotels open with 7,331 rooms vs. 22 new properties with 3,955 rooms in 2016.

Hotel operators are rushing to create more places for visitors to sleep to catch one of the hottest turnaround stories of the recovery from the Great Recession. Here’s how construction breaks down by county …

Los Angeles County: 23 new hotels with 4,309 rooms vs. eight openings with 1,098 rooms in 2016. Biggest? 889‐room InterContinental Los Angeles Downtown. Under construction: 32 hotels with 5,327 rooms.

San Diego County: Four new hotels with 826 rooms vs. six hotels with 1,017 rooms in 2016. Biggest? 317‐room Pendry San Diego. Under construction? 16 hotels with 2,823.

Orange County: Six new hotels with 960 rooms vs. seven hotels with 1,808 rooms in 2016. Biggest? 271‐room Marriott Irvine Spectrum. Under construction? Eight hotels with 1,657 rooms.

Riverside County: Six new hotels with 1,236 rooms vs. just a single, 32‐room property in 2016. Biggest? 568‐room expansion at Pechanga Resort in Temecula. Under construction: 13 hotels with 1,909 rooms.

San Bernardino County: No openings the past two years but six hotels with 611 rooms under construction.

“Despite the increase in new supply, we see sustained growth for the foreseeable future,” Atlas wrote. “This is due to the strong levels of occupancy and profit margins, combined with an extremely positive economic outlook – stock market and home value growth.”