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Is the Hotel-Buying Mania Cooling Off?

The Orange County Register 04/04/16 Is the Hotel-Buying Mania Cooling Off? By Jonathan Lansner http://www.ocregister.com/articles/hotel-710651-year-percent.html   Is the hotel business getting the chills? To understand how hot hotels have become, please ponder the Montage Laguna Beach resort. Who wouldn’t want to own the gorgeous seaside resort? Well, it was sold twice last year – and...
SpringHill Suites Huntington Beach

California Sees Pricing, Development Boom in 2015

HotelNewsNow 03/23/16 California Sees Pricing, Development Boom in 2015 By Sean McCracken http://www.hotelnewsnow.com/Articles/34508/California-sees-pricing-development-boom-in-2015   REPORT FROM THE U.S.—By just about any metric, California’s hotel industry had a massive 2015. Recent surveys of both transactions and development from Irvine-based Atlas Hospitality Group show records for sales volume, price per room and new construction. California hoteliers said...

Menlo Park Getting New Hotel and Office Complex

InsideBayArea 03/23/16 Menlo Park Getting New Hotel and Office Complex By George Avalos http://www.insidebayarea.com/breaking-news/ci_29677112/menlo-park-getting-new-hotel-and-office-complex   MENLO PARK — Developers on Wednesday launched a dramatic addition to Menlo Park, one of the hubs of venture capital in Silicon Valley, by beginning construction of a luxury high-rise hotel, three office buildings and a fitness center. “This is...