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California saw 21 hotels open during the first half of 2026, a 42% decline compared to the same period last year. IHG topped 200 open hotels in Canada and Hyatt Studios expanded. Plus, more hotel development news. Alan Woinski and Kim Woinski | July 6th, 2026 at 6:06 PM EDT Hilton celebrated the debut of Hilton Key West Resort…
The Dana Point Marina Inn tentatively was scheduled for demolition later this year to eventually be replaced by two new hotels —The Doheny and The Salt Haus — but those plans are on hold after the OC Board of Supervisors delayed a vote on leases needed to move forward with the construction project. If the…
East Bay hotel is bought at a discount Pleasant Hill property was part of failed nationwide hotel portfolio By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: June 15, 2026 at 8:46 AM PDT | UPDATED: June 16, 2026 at 2:23 PM PDT PLEASANT HILL — A hotel in Pleasant Hill whose loan was foreclosed was bought at a significant…
Construction of the two proposed hotels in Dana Point Harbor is on hold after the Orange County Board of Supervisors delayed a vote on Tuesday, June 23, for the new 66-year ground leases needed to move forward. By Hayze Law | 11 hrs ago Instead of approving the leases, supervisors voted to continue the item to…
Bay Area lodging sector entices bargain-hunting buyers By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: June 22, 2026 at 12:14 PM PDT | UPDATED: June 23, 2026 at 12:09 PM PDT FREMONT — A Fremont hotel was purchased by an investment group from the Central Valley for a price far less than its prior value, documents filed on June…
Kalthia buys another distressed Bay Area hotel months after foreclosed loan sale Hospitality distress across region continues to mount Jun 17, 2026, 8:07 AM PDT By TRD Staff An East Bay hotel changed hands months after being auctioned off by the lender that foreclosed on the loan. The 142-room Hyatt House Pleasant Hill sold for $3.3…
NYC’s hotel labor deal leaves owners with few easy moves By Nellie Day Jun 10, 2026 8:00am What happens when hotel labor costs outrun the operating model? Whether theoretical or practical, this is a question many unionized New York City-based hotels are grappling with after a new eight-year labor agreement covering nearly 250 hotels raised the floor for non-tipped…
Kalthia Group buys another San Jose hotel as Bay Area lodging market navigates defaults, foreclosures Hotel construction in region slows as fundamentals scare off developers Jun 3, 2026, 4:00 PM PDT By TRD Staff Kalthia Group Hotels is continuing its San Jose hotel-buying spree with another acquisition on the north side of town. The San…
$200M loan would repay existing $182M debt maturing in May May 6, 2026, 8:00 AM PDT By Alena Botros The Mayer Corporation and Hyatt Corporation are close to a $200 million refinancing of an oceanfront hotel located in Huntington Beach, according to a S&P Global report. The current loan on the Hyatt Regency Huntington Beach Resort…
Bay Area lodging market in freefall as loan defaults, plummeting property values plague region Apr 2, 2026, 1:00 PM PDT By TRD Staff As loan defaults and foreclosures plague hotels across the East Bay, two lodging properties in the area have new owners after foreclosing last year. Hyatt House Pleasant Hill at 2611 Contra Costa Boulevard in…
Two hotels tumble into default By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: March 24, 2026 at 8:44 AM PDT | UPDATED: March 27, 2026 at 5:40 PM PDT Loan failures have jolted two hotels in Santa Clara County, defaults that offer evidence a forbidding landscape still confronts the Bay Area hotel market. Wild Palms Hotel in Sunnyvale and…
Foreclosed East Bay Hotels Are Auctioned at Bargain Basement Prices George Avalos, Bay Area News Group Two hotels in the East Bay have been auctioned off at ultra-low prices that suggest the region’s lodging market remains frail six years after the coronavirus catastrophe. To be sure, Bay Area hotel values have nosedived in recent years. Even so,…
Atlas Hospitality Group, which specializes in the sale of California hotels, was founded by Alan X. Reay in 1997. Since its inception, Atlas has sold more hotels in the state than any other brokerage firm.