Record Room Prices Tempt Developers into Hotel Construction

Silicon Valley Business Journal 03/27/15 Record Room Prices Tempt Developers into Hotel Construction By Nathan Donato-Weinstein  http://www.bizjournals.com/sanjose/print-edition/2015/03/27/record-room-prices-tempt-developers-into-hotel.html Working late into the night during a Mountain View City Council meeting last June, hotel consultant Maurice Robinson missed his flight back to Los Angeles. No worries, he figured. There’s always a place to stay. But as he...
DoubleTree Del Mar

Del Mar Area Hotel Is Sold

The San Diego Union-Tribune 07/02/15 By Lori Weisberg   http://www.sandiegouniontribune.com/news/2015/jul/02/doubletree-hotel-carmel-valley-sold-san-diego-firm/   The 224-room DoubleTree San Diego Del Mar hotel has been sold to a San Diego firm for $40 million, marking the fourth San Diego lodging property to sell in the last couple of months. The buyer, Southwest Value Partners, a private real estate investment...

Anaheim Attempts to Lure Upscale Hotels with Big Tax Breaks

06/10/15 The Orange County Register By Art Marroquin   ANAHEIM – Anaheim is trying to get into the luxury hotel game, even without an ocean. The City Council on Tuesday will consider whether to offer hefty room-tax breaks to developers wanting to build upscale resorts, a move that supporters say will attract more lucrative conventions...