When The Press wants to know what's happening, they call Alan Reay at Atlas. Regarded as an expert source on the hospitality marketplace, Atlas Hospitality Group has received nationwide coverage in a variety of publications. From the Wall Street Journal to city newspapers, such as the Los Angeles Times, and Orange County Register, from business journals including the San Diego Business Journal, The Orange County Business Journal, and the Los Angeles Business Journal to trade publications such as California Real Estate Journal, Western Real Estate News (WREN), Real Estate Forum, Hotel Business News, Hotel & Motel Management and AAHOA Magazine, the press has published articles quoting Atlas brokers and studies. Atlas publishes bi-annual indepth surveys of the hotel industry-sales and new development.
Credit Woes, Big ’07 Deal Hit Hotel Sales Orange County hotel sales shrunk in the first half of 2008 due to the credit crunch and a big 2007 sale that skewed comparisons for this year.
Hotel Sales Slump Compared to the buying binge that peaked in 2005 when San Diego saw 36 properties exchange hands, local hotels have become a hard sell.
Hotels Become Hard Sell Much like homeowners at the beginning of the housing crisis who refused to lower their selling prices, hotel owners looking for bidders are in a tug-of-war with buyers who want a deal...
Hotel Sales Plunge as Economic Woes Take Toll The number of hotel sales in California plunged by 44% to 100 transactions statewide and total dollar volume dropped by $1 billion during the first half of this year, according to a new report by Atlas Hospitality Group.
Sheraton Gateway Hotel Sold for $97 Million The Sheraton Gateway Hotel outside Los Angeles International Airport has been sold by Los Angeles real estate developer Kor Hotel Group to a Chicago-area investor for $97 million, a real estate brokerage said Thursday.
Resort at Pelican Hill’s Room Costs Will Start at $695 The Resort at Pelican Hill, a luxury resort perched above the Pacific in Newport Coast, will charge $695 a night for its least expensive rooms when it opens Dec. 8.
Hotel Lights Out, the Party’s Over If there was any doubt that the recent buying boom, which saw a record number of hotels sold, is over, consider that the historic La Valencia Hotel in tony La Jolla failed to find a buyer after going on the block early this year.
Developer Avi Brosh Plans More Palihouses LOS ANGELES-Avi Brosh, the creator of the Palihouse Holloway in West Hollywood and the Custom Hotel near the Los Angeles International Airport, has set his sights on two more of his signature hospitality developments: the Palihouse Vine in Hollywood and the Palihouse Venice in Venice, CA.
Manager Checks in with New Hotel Brand Inside a room at Hotel Indigo in Ontario, Scott Megna points to three vases on a side table and three magazines stacked nearby.
Hotel Development Grows Despite Economy IRVINE, CA-The slowing economy is not deterring bullish hotel developers in California, according to a new study of the state's year-to-date hotel development trends.
La Jolla's 'Pink Lady' No Longer Up for Sale The sale of La Valencia, the historic La Jolla hotel known as the "Pink Lady," has fallen through, putting the 115-room property back in the hands of its longtime owners, the Collins family.
Posh Hotels Bloom Under Dark Economic Clouds This tourism season's buzzword may be "staycation" -- as in, it's too expensive to drive or fly anywhere -- but neither analysts nor hoteliers expect soaring gas prices and the struggling economy to spoil the debuts of a rash of new Los Angeles hotels.
Century Plaza Hotel Sold for $366.5 Million The Century Plaza Hotel & Spa, a 1960s-era landmark in Century City that has played host to several U.S. presidents, has been sold for $366.5 million.
Work to Do It boasts being the only all-inclusive resort in L.A. County, but the Pacific Palms Resort has a marketing challenge.
