Study: 2019 a Record Year for Hotel Development

San Fernando Business Journal
01/01/20

Study: 2019 a Record Year for Hotel Development
By Michael Aushenker

http://sfvbj.com/news/2020/jan/10/study-2019-record-year-hotel-development/

 

The Atlas Hospitality Group 2019 Year-End California Hotel Development Survey found last year set a new record for the number of California hotel rooms opened.

Some 92 new hotels opened in 2019 with 11,795 rooms and another 212 hotels under construction.

In the San Fernando Valley, most of the activity is around Warner Center. Woodland Hills has five hotels in the planning stage – including two by Westfield – and a Home 2Suites under construction at 5957 N. Variel Ave.

In Camarillo, there is one hotel in the planning stage, a Hotel2Suites, and another Embassy Suites, both on the Mian Cos.’ property at Las Posas Road and 101 freeway, under construction.

Sherman Oaks has two hotels in the planning stages while Thousand Oaks has another of pair in development.

In the Tri-Cities, Burbank has seven hotels in the planning stages and one – the AC Hotel Burbank – under construction. Glendale has a total of eight in the planning stage. Doran Hotel has two hospitality sites in the planning stages in Glendale.

The Santa Clarita Valley has four hotels in the planning stages and one in Valencia, as well as one in Santa Clarita, Hotel Lexen Newhall at 24219 Railroad Ave., under construction. Two Valencia hotels – a Residence Inn and SpringHill Suites – are under construction.

There are seven hotels in the planning stages in Palmdale. In Lancaster, there are three in the planning stages and one under construction – Residence Inn Lancaster.

According to the report, Santa Clara County opened the most hotel rooms of any county in the state last year with 1,919. Los Angeles County had the most rooms under construction with 3,166.

About the author