COVID economy: Bay Area, California hotel purchases show big rebound

https://www.mercurynews.com/2021/08/04/covid-economy-bay-area-california-hotel-purchases-show-big-rebound/ Amid massive job losses for lodging employees, investors grab choice hotel properties By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: August 4, 2021 at 7:45 a.m. | UPDATED: August 4, 2021 at 2:37 p.m. SAN JOSE — Buyers grabbed hotel properties in the Bay Area and California at a record pace during the first half of 2021, a...

State hotel sales surge 157% through first half of year

https://www.sdtranscript.com/common/login/?sourceid=997995&source=news By Thor Kamban Biberman Thursday, August 5, 2021 Hotel sales in California are setting new records in term of price and transaction volume, according to a mid-year report from Atlas Hospitality Group. “California hotel sales have completely rebounded from the COVID-impact that we saw through the first six month of 2020,” the report stated....

Hotel sale market is hotter than it’s ever been, especially in the Bay Area

https://www.bizjournals.com/sanfrancisco/news/2021/08/04/hotel-sales-hot-covid-rebound-investment.html By Alex Barreira  –  Staff Reporter San Francisco Business Times Aug 4, 2021 Updated Aug 4, 2021, 12:13pm PDT The hotel investment sales market is heating up to historic levels in both the Bay Area and all of California. Statewide, the first half of 2021 set records for the number of hotels sales (293), dollar volume ($5.26 billion)...