Posts Tagged ‘hotelnews’

https://therealdeal.com/sanfrancisco/2021/09/15/awh-partners-purchases-silicon-valley-hotel-adds-to-bay-area-portfolio/ The Hilton Garden Inn Fremont Milpitas landed a buyer that has been snatching up hotel properties in the Bay Area San Francisco / September 15, 2021 04:25 PM TRD Staff The Hilton Garden Inn Fremont Milpitas landed a buyer that has been snatching up hotel properties in the Bay Area. AWH Partners, which recently purchased the historic Villa Florence…

https://www.sonomanews.com/article/news/no-room-at-the-inn/ LORNA SHERIDAN INDEX-TRIBUNE MANAGING EDITOR August 19, 2021, 5:30PM Sonoma’s largest hotels Fairmont Sonoma Mission Inn: 226 guest rooms. The Lodge at Sonoma: 182 rooms. Best Western Sonoma Valley Inn: 82 rooms. MacArthur Place: 64 rooms (with a current proposal to add 11 more). El Pubelo Inn: 53 rooms. The rest have fewer than…

Signia Hilton is new brand for iconic downtown San Jose hotel https://www.mercurynews.com/2021/08/19/challenge-opportunity-downtown-san-jose-hotel-manage-hilton-covid/ By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: August 19, 2021 at 11:15 a.m. | UPDATED: August 20, 2021 at 9:08 a.m. SAN JOSE — The new manager of a downtown San Jose hotel that has emerged from bankruptcy faces   challenges and opportunities amid lingering side effects…

https://labusinessjournal.com/news/2021/aug/16/hotel-sales-surpass-pre-pandemic-levels/ By Hannah Madans – Los Angeles Business Journal Monday, August 16, 2021 Hotel sales are hitting record highs, surpassing not only 2020 but 2019 levels as real estate investors who waited out early waves of the pandemic finally look to spend. In the first six months of the year, the number of hotel sales in Los…

https://labusinessjournal.com/news/2021/aug/16/hotel-sales-surpass-pre-pandemic-levels/ By Hannah Madans Monday, August 16, 2021 Hotel sales are hitting record highs, surpassing not only 2020 but 2019 levels as real estate investors who waited out early waves of the pandemic finally look to spend. In the first six months of the year, the number of hotel sales in Los Angeles County increased 188%…

https://www.northbaybusinessjournal.com/article/industrynews/california-hotel-purchases-spike-as-planned-more-rooms-are-planned-statewid/ NORTH BAY BUSINESS JOURNAL August 9, 2021, 11:45AM Purchases of hotels surged in the first half of the year, especially in Northern California, a half year look by Atlas Hospitality Group shows. The report, released Tuesday, shows 243 transactions in 2021’s first six months compared to 2020, sales were up 157%. Looking only at…

https://therealdeal.com/la/2021/08/04/hotel-sales-in-california-completely-rebound-from-2020-levels/ 200% year-on-year increase in LA, though SF sales stay flat Los Angeles / August 04, 2021 11:30 AM By Isabella Farr In California, buying a hotel might be the new hottest thing. Hotel sales in California have skyrocketed since the start of the pandemic, according to a new report from advisory firm Atlas Hospitality. A total of 293 hotels…

https://www.youtube.com/watch?v=8oAFn70fc2U New survey by Atlas Hospitality Group finds hotel sales rebounding in the Bay Area, especially in Santa Clara County. Atlas’ President Alan Reay joined Sanaz Tahernia to explain the findings. KRON4 News San Francisco, CA www.kron4.com www.kronon.tv

https://www.costar.com/article/1192957393/california-hotel-valuations-may-spur-more-owners-to-sell First Half of 2021 Saw Record Number of Deals, Dollar Volume By Bryan Wroten Hotel News Now August 5, 2021 | 5:29 AM The California hotels transaction market has rebounded from the coronavirus pandemic faster than expected. “I’ve never seen a stronger seller’s market than what we have right now,” Atlas Hospitality Group President Alan…

https://www.mercurynews.com/2021/08/04/covid-economy-bay-area-california-hotel-purchases-show-big-rebound/ Amid massive job losses for lodging employees, investors grab choice hotel properties By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: August 4, 2021 at 7:45 a.m. | UPDATED: August 4, 2021 at 2:37 p.m. SAN JOSE — Buyers grabbed hotel properties in the Bay Area and California at a record pace during the first half of 2021,…

https://www.sdtranscript.com/common/login/?sourceid=997995&source=news By Thor Kamban Biberman Thursday, August 5, 2021 Hotel sales in California are setting new records in term of price and transaction volume, according to a mid-year report from Atlas Hospitality Group. “California hotel sales have completely rebounded from the COVID-impact that we saw through the first six month of 2020,” the report stated.…

https://www.bizjournals.com/sanfrancisco/news/2021/08/04/hotel-sales-hot-covid-rebound-investment.html By Alex Barreira  –  Staff Reporter San Francisco Business Times Aug 4, 2021 Updated Aug 4, 2021, 12:13pm PDT The hotel investment sales market is heating up to historic levels in both the Bay Area and all of California. Statewide, the first half of 2021 set records for the number of hotels sales (293), dollar volume ($5.26 billion)…