Posts Tagged ‘hospitalityindustry’
Why San Francisco has become such a hotel sales hot spot
A series of major sales in the back half of the year symbolizes a larger tourism turnaround. By Max Harrison-Caldwell Published Dec. 03, 2025 • 6:00am After a brutal few years in which the city’s tourism and hospitality market was as good as dead, outside investors are once again paying attention to San Francisco. In the third major…
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 PTShare 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 MoreFormer Park SF assets sell at big discount
Newbond Holdings and Conversant Capital are the new owners of the Hilton in Union Square. By Jeffrey Weinstein | November 23, 2025 Newbond Holdings and Conversant Capital could be buying at a bargain as the market starts to rebound, attracting capital from the likes of Blackstone. SAN FRANCISCO – A $408 million sale price has been reported for…
Read MoreSan Jose hotel could be converted to apartments amid market blues
Bay Area hotel market remains wobbly By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: November 14, 2025 at 5:15 AM PST | UPDATED: November 14, 2025 at 8:59 AM PST SAN JOSE — The Sonesta ES Suites in San Jose could be reborn as a residential hub under a proposal being floated at City Hall in a fresh sign…
Read MoreNew Ownership for Waldorf Astoria
BY MARK MUELLERNOVEMBER 10, 2025 The Waldorf Astoria Monarch Beach Resort & Club has seen a change in ownership, following a deal that values the Dana Point luxury resort at around $500 million, according to industry watcher estimates. Last month, Yuhaaviatam of San Manuel Nation, an indigenous tribe located in the San Bernardino region, took…
Read MoreEast Bay hotel is foreclosed in sign of region’s ailing lodging market
Lender takes property in fresh hotel loan failure By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 24, 2025 at 4:49 PM PDT NEWARK — A Newark hotel was seized by its lender due to a delinquent loan, a foreclosure that highlights the wobbly values for the region’s hospitality market. The Hyatt Place Newark/Silicon Valley hotel at 5600 John…
Read MoreUC investment unit buys East Bay hotel for more than $170 million
Price is less than hotel’s appraised value in sign of weakness By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 14, 2025 at 4:46 PM PDT BERKELEY — The University of California’s investment arm bought an East Bay hotel for well under its appraised value, a deal that hints at lingering ailments in the Bay Area lodging…
Read MoreInland Empire on development fast track
By Dennis Nessler | October 13, 2025 The Southern California region is one of the hottest hotel pipeline markets in the country, thanks to its robust logistics sector and low barriers to entry. NATIONAL REPORT — Driven largely by the growth of distribution centers, prohibitive coastal pricing and low barriers to entry, the Inland Empire has emerged…
Read MoreSan Jose hotel complex faces foreclosure as lodging market remains frail
Property in East San Jose has hundreds of rooms By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 7, 2025 at 6:48 AM PDT SAN JOSE — A hotel cluster in San Jose with hundreds of rooms faces a loan foreclosure as early as this month if the property’s owner doesn’t cure the delinquent financing. The 204-room…
Read MoreHospitality: Hotels Toil
Times are tough right now for Los Angeles-area hotels, but upcoming major events may shift things in the right direction. By Sherry Karabin | September 22, 2025 With its proximity to the Getty Museum and University of California, Los Angeles, the iconic 16-story Hotel Angeleno in Brentwood draws leisure and business travelers from around the world. During an average summer, the full service 210-room boutique…
Read MoreBraemar’s sale process highlights the squeeze on lodging REITs
By Nellie Day Sep 3, 2025 8:00am Braemar Hotels & Resorts is officially for sale. The Dallas-based luxury hotel REIT announced in late August that it had formed a special committee of independent directors to evaluate “strategic alternatives,” including a potential sale of the company, after months of shareholder pressure. Richard Stockton, the REIT’s president and CEO,…
Read MoreSilicon Valley hotel sells in year’s largest deal for region’s hard-hit hospitality sector
Sheraton San Jose Hotel trades for $5 million less than 2023 deal The 229-room Sheraton San Jose Hotel is near Levi’s Stadium as well as the headquarters of tech giant Cisco Systems. (CoStar) By Rachel Scheier | CoStar News | August 26, 2025 | 12:45 P.M. A Silicon Valley hotel sold for some $20 million, marking…
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