Hotel Planned for Downtown Redwood City Heads to Environmental Review

The Registry 01/25/19 Hotel Planned for Downtown Redwood City Heads to Environmental Review By Meghan Hall https://news.theregistrysf.com/112-key-hotel-planned-for-downtown-redwood-city-heads-to-environmental-review Redwood City’s 17-room Garden Motel, located at 1690 Broadway near Peninsula city’s downtown core is slated to be replaced by a new, 112-key Holiday Inn Express & Suites. After owning the property for nearly forty years, the Patel...

SeaWorld Favors Roller Coasters Over Hotels to Boost Attendance

CoStar 01/24/19 SeaWorld Favors Roller Coasters Over Hotels to Boost Attendance By Lou Hirsh https://product.costar.com/home/news/shared/1589481510 For SeaWorld, adding marine-themed roller coasters is a higher priority than building on-site hotels to lure visitors to its parks across the country. New and upcoming coasters are helping SeaWorld rebound from deep visitor and revenue declines after the 2013...

California Hotel Sales Could Drop Over Bid-ask Gap

HotelNewsNow 01/25/19 California Hotel Sales Could Drop Over Bid-ask Gap As the price per key hit a record in 2018 California hotel sales, the number of individual sales dropped year over year, perhaps showing a widening gap in buyer and seller expectations. By Bryan Wroten http://www.hotelnewsnow.com/articles/292456/California-hotel-sales-could-drop-over-bid-ask-gap REPORT FROM THE U.S.—In a possible indication of what’s...