Hilton Hotel in Downtown San Jose Is Sold for More Than $117 Million

Bisnow 01/13/20 Hilton Hotel in Downtown San Jose Is Sold for More Than $117 Million Hotel tower next to downtown San Jose convention center changes hands By George Avalos Hilton Hotel in downtown San Jose is sold for more than $117 million SAN JOSE — The iconic Hilton Hotel in downtown San Jose has been...

California Sets New Record with Hotel Openings in 2019

Bisnow 01/13/20 California Sets New Record with Hotel Openings in 2019 By Joseph Pimentel https://www.bisnow.com/orange-county/news/hotel/report-california-sets-record-for-the-number-of-hotel-openings-in-2019-102506 California last year set a state record for the number of hotel openings in a single year, a new report says. Atlas Hospitality Group, an Orange County-based brokerage firm specializing in the hotel industry, reported that the Golden State saw...

Silicon Valley Tech Boom Creates Surge in Hotel Development

CoStar 01/10/20 Silicon Valley Tech Boom Creates Surge in Hotel Development Santa Clara County Leads California for 2019 Room Openings, With More on the Way By Lou Hirsh Development https://www.costar.com/article/1838448630/silicon-valley-tech-boom-creates-surge-in-hotel-development California’s Santa Clara County led the state in construction of new hotel rooms in 2019, thanks largely to business travel demand fueled by Silicon Valley’s...