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California Hotel Sales Hit a New Record

The San Diego Union-Tribune 08/17/15 California Hotel Sales Hit a New Record By Lori Weisberg http://www.sandiegouniontribune.com/news/2015/aug/17/california-hotel-sales-new-record-first-half-2015/ The hotel industry is indisputably back from the depths of the recession, with sales of California lodging properties during the first half of this year surpassing all previous records. There were more than $4.4 billion in sales transactions in...
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Hot Properties: Investors Snap Up California Hotels with Record Spending

The Orange County Register 08/07/15 Hot Properties: Investors Snap Up California Hotels with Record Spending By Jonathan Lansner http://www.ocregister.com/lansner/year-678002-hotels-california.html Investors are paying record amounts for California hotels with spending on pace to exceed any previous year. Atlas Hospitality Group of Irvine reports a record $4.4 billion was spent for 174 California hotels in the first...

Record Hotel Room Revenues Here, Elsewhere

The Daily Transcript 08/14/15 Record Hotel Room Revenues Here, Elsewhere By Thor Kamban Biberman http://www.sddt.com/News/article.cfm?SourceCode=20150814czc&_t=Record+hotel+room+revenues+here+elsewhere The mid-year average price per hotel room increased by more than 43 percent year over year, according to an Atlas Hospitality Group report. The average price-per-room figure climbed in San Diego by 43.25 percent from $133,791 at mid-2014 to $191,663...