The market for hotel purchases has melted down in both the Bay Area and California, in a sign that investors believe the weakness in the lodging sector has yet to run its course.
LA Law Creates New Hurdles for Hotel Developers therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
California Sees Hotel Supply Shortage, Lack of Openings in 2023 therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Despite difficulties securing financing for new construction, the Manchester Financial Group hopes to break ground this year on a highrise hotel in downtown San Diego.