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Hotel del Coronado Starts $200M Upgrade, Its Biggest Ever. Does It Need It?

The San Diego Union Tribune 02/15/19 Hotel del Coronado Starts $200M Upgrade, Its Biggest Ever. Does It Need It? By Lori Weisberg https://www.sandiegouniontribune.com/business/tourism/sd-fi-hoteldelcoronado-makeover-expansion-20190215-story.html For decades, the stately Hotel del Coronado, with its imposing red-roofed turret, chandelier-bedecked Victorian lobby and its storied ties to Hollywood nobility, has been instantly recognizable well beyond San Diego County… “This...
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Hotel Sales Might Be Down, but This Carlsbad Sale Just Broke a Record for Southern California

The San Diego Union-Tribune 02/05/19 Hotel Sales Might Be Down, but This Carlsbad Sale Just Broke a Record for Southern California By Lori Weisberg https://www.sandiegouniontribune.com/business/tourism/sd-fi-sandiego-largest-hotel-sale-20190205-story.html California hotel sales declined sharply last year, but San Diego still earned bragging rights as having the most expensive sale in Southern California. The $170 million sale last November of...
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The Hotel Industry Has Mixed Feelings About Opportunity Zones

Bisnow 02/03/19 The Hotel Industry Has Mixed Feelings About Opportunity Zones By Joseph Pimentel https://www.bisnow.com/los-angeles/news/hotel/alis-conference-the-hotel-industry-has-mixed-feelings-about-opportunity-zones-97297 When it comes to the new opportunity zone program that gives investors a hefty tax incentive in return for investing in designated opportunity zones that are in mostly low-income areas, many hotel executives are still leery of the federal program...