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AtlasAuthor
2021-02-18Posted on
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AtlasAuthor
2021-02-18Posted on
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Pandemic’s Effect on California Development Could Increase Hotel Values

https://www.costar.com/article/486141428?utm_source=newsletter&utm_medium=email&utm_campaign=hospitality_prospect&utm_content=p2 California’s Project Homekey Boosted Transaction Volume By Bryan Wroten Hotel News Now Feb 17, 2021 | 8:52 AM The COVID-19 pandemic has had opposite effects on California hotel transactions and development in 2020, slightly increasing the number of deals while slowing the pace of new construction. The slower pace of development and delayed openings last year,...
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2021-02-18Posted on
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2021-02-18Posted on
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S.F. hotels have 83 million new reasons to sell to Project Homekey

https://www.bizjournals.com/sanfrancisco/news/2021/02/17/newsom-homekey-peskin-homeless-hotels-sale.html By Alex Barreira  –  Staff Reporter, San Francisco Business Times Feb 17, 2021 Updated Feb 17, 2021, 8:13pm PST A recent shift in federal policy has freed up $83 million in local funding for a state program meant to convert hotels into permanent housing, sweetening the pot for struggling hotel owners to flip their properties at alluring above-market rates....
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2021-02-12Posted on
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2021-02-12Posted on
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OC New Hotel Rooms Double in 2020

OC New Hotel Rooms Double in 2020 | Orange County Business Journal (ocbj.com) JW MARRIOTT, RADISSON BLU LARGEST IN STATE TO OPEN By Katie Murar Monday, February 8, 2021 Orange County hotel development bucked statewide trends last year, with 1,401 new hotel rooms opening in 2020, more than twice the amount seen in 2019. California, meanwhile,...
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    Atlas Hospitality Group, which specializes in the sale of California hotels, was founded by Alan X. Reay in 1997. Since its inception, Atlas has sold more hotels in the state than any other brokerage firm.

    ATLAS IN THE PRESS
    • Pandemic’s Effect on California Development Could Increase Hotel Values 2021-02-18 0 Comments
    • S.F. hotels have 83 million new reasons to sell to Project Homekey 2021-02-18 0 Comments
    • OC New Hotel Rooms Double in 2020 2021-02-12 0 Comments
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