Hotel del Coronado Starts $200M Upgrade, Its Biggest Ever. Does It Need It?

The San Diego Union Tribune 02/15/19 Hotel del Coronado Starts $200M Upgrade, Its Biggest Ever. Does It Need It? By Lori Weisberg https://www.sandiegouniontribune.com/business/tourism/sd-fi-hoteldelcoronado-makeover-expansion-20190215-story.html For decades, the stately Hotel del Coronado, with its imposing red-roofed turret, chandelier-bedecked Victorian lobby and its storied ties to Hollywood nobility, has been instantly recognizable well beyond San Diego County… “This...

Hotel Sales Might Be Down, but This Carlsbad Sale Just Broke a Record for Southern California

The San Diego Union-Tribune 02/05/19 Hotel Sales Might Be Down, but This Carlsbad Sale Just Broke a Record for Southern California By Lori Weisberg https://www.sandiegouniontribune.com/business/tourism/sd-fi-sandiego-largest-hotel-sale-20190205-story.html California hotel sales declined sharply last year, but San Diego still earned bragging rights as having the most expensive sale in Southern California. The $170 million sale last November of...

The Hotel Industry Has Mixed Feelings About Opportunity Zones

Bisnow 02/03/19 The Hotel Industry Has Mixed Feelings About Opportunity Zones By Joseph Pimentel https://www.bisnow.com/los-angeles/news/hotel/alis-conference-the-hotel-industry-has-mixed-feelings-about-opportunity-zones-97297 When it comes to the new opportunity zone program that gives investors a hefty tax incentive in return for investing in designated opportunity zones that are in mostly low-income areas, many hotel executives are still leery of the federal program...