Ritz_Carlton_Webby_t286

Hotel Sales Dollars Doubled in 2015

Orange County Business Journal 02/25/16 Hotel Sales Dollars Doubled in 2015 By Paul Hughes http://www.ocbj.com/news/2016/feb/25/hotel-sales-dollars-doubled-2015/   Fewer hotels sold for more money last year in Orange County. Twenty-seven hotels sold in 2015—down by three properties from 2014—but they traded hands for $1.75 billion—up 115% from the previous year’s $816 million, according to numbers from Irvine-based...
56ce930b0f094_1_HiltonGardenInnSanDiegoOldTownSeaWorld_Exterior_HR

San Diego Region Experiencing Hotel Boom

Bisnow 02/25/16 San Diego Region Experiencing Hotel Boom By Patricia Kirk https://www.bisnow.com/san-diego/news/hotel/san-diego-region-experiencing-hotel-boom-56471   Six hotels totaling 711 new rooms were completed in San Diego County in 2015, a 115% increase in supply from 2014, according to a hotel development report from Irvine-based Atlas Hospitality Group. Additionally, about 2,000 rooms are under construction throughout the region,...
San Simeon Pines

Pacifica Hotels Purchases Resort in Cambria

The Orange County Register 02/25/16 Pacifica Hotels Purchases Resort in Cambria By Hannah Madans http://www.ocregister.com/articles/pacifica-705718-hotel-resort.html   Irvine-based Pacifica Hotels has acquired the San Simeon Pines Seaside Resort in Cambria for an undisclosed sum. San Simeon Pines is located in central California near Hearst Castle and local wineries. The resort includes a private beach trail. The...