Almaden-Corner-rendering

KT Urban’s Plan for Downtown San Jose Hotel Grows to 330 Rooms

The Registry 01/31/19 KT Urban’s Plan for Downtown San Jose Hotel Grows to 330 Rooms By Meghan Hall https://news.theregistrysf.com/kt-urbans-plan-for-downtown-san-jose-hotel-grows-to-330-rooms Cupertino, Calif.-based KT Urban’s original plans for its proposed luxury hotel at 8 North Almaden Blvd. have gotten an update, according to City of San Jose planning documents. The hotel, called Almaden Corner, was originally proposed...
Hyatt_Regency_NB_for_Web_t670

OC Hotel Property Sales Down 30%

Orange County Business Journal 01/28/19 OC Hotel Property Sales Down 30% By Katie Murar https://www.ocbj.com/news/2019/jan/28/oc-hotel-property-sales-down-30/   The number of hotels sold last year in Orange County declined 30% to 16 with a cumulative value of $343 million, according to a report by Atlas Hospitality Group in Irvine. The average sale price dipped 3% to $21.4...
1200-la-hotel-650x405

Amid Decline, LA Still Leads CA in Hotel Development: Report

The Real Deal 01/28/19 Amid Decline, LA Still Leads CA in Hotel Development: Report By Natalie Hoberman https://therealdeal.com/la/2019/01/28/amid-decline-la-still-leads-ca-in-hotel-development-report   Los Angeles County is leading the state in hotel development by a landslide. A new report from Atlas Hospitality Group revealed there are 6,727 rooms under construction in the county, double the amount in Santa Clara...