Posts Tagged ‘hospitalityindustry’
Debt stress boosts California hotel transaction volume in 2025
Refinancing costs, cash flow problems mean owners have fewer options By Bryan Wroten | CoStar News | February 5, 2026 | 6:30 AM The hotel deals pace picked up in California during the second half of 2025, driven in large part by distressed sales. The California Hotel Sales Survey 2025 Year End from Atlas Hospitality Group reported 259…
Read MoreNew hotel openings in 2025 climb in California, but limited in the North Bay
By Cheryl Sarfaty | cheryl.sarfaty@busjrnl.com | North Bay Business Journal PUBLISHED: January 14, 2026 at 7:21 PM PST | UPDATED: January 15, 2026 at 11:52 AM PST Hotel openings across California finished 2025 with a year-over-year increase of 43%, according to a newly released survey. Most of the hotel openings were in Southern California, rising 128% year over year, compared to 43%…
Read MoreHotel development plummets in Bay Area as lodging uncertainties linger
Bay Area hotel market has yet to recover from post-coronavirus maladies By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: January 15, 2026 at 8:19 AM PST | UPDATED: January 15, 2026 at 8:24 AM PST Construction of hotels has plunged in the Bay Area, a nosedive that was unleashed by stubborn problems for hotel financing and elevated construction costs,…
Read MoreProminent La Jolla-area hotel sells for close to half of last sales price
The 340-room, all-suites hotel was built in 1987 and is steps from the neighboring Westfield UTC mall By Lori Weisberg | lori.weisberg@sduniontribune.com | The San Diego Union-Tribune PUBLISHED: January 13, 2026 at 6:00 AM PST | UPDATED: January 13, 2026 at 10:05 AM PST The Embassy Suites by Hilton San Diego La Jolla has been sold to a Los Angeles-based investment company…
Read MoreCalifornia Hotel Openings Rise in 2025, but New Development Pipeline Shrinks
CoStar January, 13 2026 California experienced a notable increase in hotel openings in 2025, but industry reports indicate a significant slowdown in new hotel development projects due to rising construction costs and other barriers, suggesting the trend of increased openings may not continue. Increase in Hotel Openings Driven by Past Projects California saw 50 new hotels…
Read MoreSan Diego County outpaces all California metro areas for new hotel rooms in 2025
The opening of the 1,600-room Gaylord Pacific Resort helped boost new development numbers for both San Diego County and the state as a whole By Lori Weisberg | lori.weisberg@sduniontribune.com | The San Diego Union-Tribune PUBLISHED: January 9, 2026 at 6:00 AM PST | UPDATED: January 9, 2026 at 1:24 PM PST Even as hotel development slowed across the state, San Diego County…
Read MoreWhile more hotels open in California, fewer enter development pipeline
High cost of construction labor, materials an obstacle By Bryan Wroten | CoStar News | January 9, 2026 | 6:33 AM California saw a year-over-year increase in new hotel openings in 2025, but that’s a reflection of the projects nearing the finish line last year and not a sign of a new trend. Atlas Hospitality Group’s…
Read MoreOakland hotel near airport bought at huge reduction in value
Courtyard By Marriott Oakland Airport at 320 Hegenberger Road in Oakland, seen in July 2025. OAKLAND — An Oakland hotel near the city’s international airport has been bought in a deal that points to continued weakness in the Bay Area hospitality market. The Courtyard by Marriott Oakland Airport hotel was purchased for $12.5 million, documents…
Read MoreBusy real estate investor buys another South Bay hotel at low price
Southern California group buys two Santa Clara County hotels in same week By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: December 19, 2025 at 8:30 AM PST | UPDATED: December 19, 2025 at 11:56 AM PST SUNNYVALE — A Southern California group bought a second Santa Clara County hotel in recent days at a price that points to ongoing…
Read MoreSonder had years of red flags before Marriott made a deal — and travelers got left in the lurch
By Madeline Berg, Natalie Musumeci, and Kelsey Vlamis Nov 21, 2025, 1:17 AM PT The warning signs were there. Long before guests found themselves abruptly kicked out of their “Sonder by Marriott” stays this month, Sonder, the Airbnb rival, was battling sloppy accounting, a litany of lawsuits, and a stock price so low it was nearly delisted from the Nasdaq.…
Read MoreBusy real estate investor buys another South Bay hotel at low price
Southern California group buys two Santa Clara County hotels in same week By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: December 19, 2025 at 8:30 AM PST | UPDATED: December 19, 2025 at 11:56 AM PST SUNNYVALE — A Southern California group bought a second Santa Clara County hotel in recent days at a price that points to ongoing…
Read MoreSan Jose hotel that might become housing complex is bought at weak price
Sonesta ES Suites San Jose Airport, a hotel at 1602 Crane Court in north San Jose. SAN JOSE — A San Jose hotel that is being eyed as a site for a possible conversion to housing has been bought at a price that suggests lodging property values remain feeble in the Bay Area. The Sonesta…
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