California Hotel Sales Surge, Riding Economic Growth

CoStar 08/27/19 California Hotel Sales Surge, Riding Economic Growth By Lou Hirsh https://product.costar.com/home/news/shared/1461623265 California hotel property sales set a new price-per-room record as the number of sales increased over last year, though the momentum could slow amid escalating labor costs and international trade disputes. The number of hotel property sales in the state rose 8%...

California Deals Pace Up After Slow Start to 2019

HotelNewsNow 08/27/19 California Deals Pace Up After Slow Start to 2019 By Bryan Wroten http://www.hotelnewsnow.com/Articles/297797/California-deals-pace-up-after-slow-start-to-2019 IRVINE, California—The pace of California hotel total transaction volume and dollar volume slowed in the first half of 2019, but median price per room set a mid-year record at $130,025, according to Atlas Hospitality Group’s latest survey. The California Hotels...

‘Head-scratcher’: As Tourism Cools, 20 Hotels Open in Southern California

The Orange County Register 08/26/19 ‘Head-scratcher’: As Tourism Cools, 20 Hotels Open in Southern California By Jonathan Lansner ‘Head-scratcher’: As tourism cools, 20 hotels open in Southern California Southern California’s hotel building boom is heating up just as tourism faces everything from declining visitor growth, a labor shortage and rising costs. Atlas Hospitality Group’s mid-year...