Ritz_Carlton_Webby_t620

Hotel Deals Down in 2016

Orange County Business Journal 02/13/17 Hotel Deals Down in 2016 By Paul Hughes http://www.ocbj.com/news/2017/feb/13/hotel-deals-down-2016   22 hotels sold in Orange County for $807 million last year, down 19% and 54%, respectively, from 2015, when 27 hotels sold for $1.8 billion, according to Atlas Hospitality Group in Irvine. The year-end report from hotel consultant and broker...
Carey_SD_Marriott_La_Jolla_Front_Exterior_1_t620

Atlas Report: Local Hotel Property Deal Volume Down 67.8 Percent in 2016

San Diego Business Journal 02/13/17 Atlas Report: Local Hotel Property Deal Volume Down 67.8 Percent in 2016 By Lou Hirsh http://www.sdbj.com/news/2017/feb/13/atlas-report-local-hotel-property-deal-volume-down   San Diego County saw hotel property sales volume in 2016 decline 67.8 percent from the prior year, to $473.1 million, as the number of completed deals dropped from 30 to 21, according to...
RD Olson Development

Record Development Pace Fuels California Supply Worries

HotelNewsNow.com 02/14/17 Record Development Pace Fuels California Supply Worries California again proves to be a popular state for hotel development, but those in the industry are keeping a watchful eye on the amount of new supply coming in. By Bryan Wroten http://hotelnewsnow.com/Articles/115526/Record-development-pace-fuels-California-supply-worries   REPORT FROM THE U.S.—The latest California Hotel Development Survey by Atlas Hospitality...