Hospitality
San Jose Bets on Visitors to Plug $50MM Budget Hole With June Hotel Tax Vote
Measure A would push the transient occupancy tax to 12 percent, generating $10 million annually as the city weighs deep cuts to police...
Copart Billionaire Reopens Calistoga’s Clos Pegase as Centerpiece of $85MM Napa-Sonoma Winery Play
After acquiring five wineries out of Vintage Wine Estates’ bankruptcy, Jay Adair has poured millions more into a yearlong restoration betting on hospitality...
Oakland Tourism Clears $740MM in 2025 as Hospitality Sector Fights Through Hotel Closures
Visit Oakland’s annual economic impact report shows 3.2 million visitors and 5,200 jobs supported, even as the city’s lodging inventory continues to shrink...
Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM
Ashok Goyal’s buying group acquired the 2023-built hotel at $176,300 per room — well below the $25.8 million debt the lender took back...
Ensemble Investments Lands $110MM Refinance on 250-Key Hotel NIA in Menlo Park
The full-service Marriott Autograph property anchors Menlo Gateway, the only hotel of its kind on the 15.9-acre tech-adjacent campus Ensemble Investments has clinched...
Wilton Rancheria Breaks Ground on 300-Room Sky River Casino Hotel in Elk Grove
The Sacramento County tribe is doubling down on its Boyd Gaming-operated entertainment hub with a resort, spa and 30,000-SQFT event venue scheduled to...
Jackson Family Wines Lands Approval for 79-Room Inn at the Abbey in Saint Helena
A seven-year entitlement saga ends with Napa County clearing one of the valley’s rare rural hotel approvals, sharpening the wine giant’s pivot into...
Related California, McCourt Partners Team Up to Advance 575-Foot Office-Hotel Tower at 530 Sansome
A new joint venture pushes The Jackson forward as one of four skyscrapers competing to define San Francisco’s post-pandemic skyline. San Francisco’s most...
San Francisco Hotels Emerge as Nation’s Top RevPAR Growth Market After Years of Distress
A near-empty construction pipeline, AI-driven office leasing, Super Bowl LX and a FIFA World Cup match schedule are finally tilting the math in...
55-Key Red Roof Inn & Suites Monterey Hits Market at $11.99MM With Adjacent Retail Component
The 1.59-acre North Fremont Street offering pairs a budget-tier lodging asset with two fully leased commercial buildings minutes from the Monterey Bay Aquarium...
$26MM Loan Secured to Refinance 160-Room Residence Inn by Marriott Walnut Creek
Los Angeles, CA (April 7, 2026) – Sonnenblick-Eichner Company has arranged a $26 million first mortgage loan to refinance the Residence Inn by...
Women’s March Madness Delivers 13,000 Hotel Room Nights to Sacramento, Signaling Growth Limits in Hospitality Market
NCAA regional games expose capacity crunch, fuel calls for new 300-400 room hotel development. Sacramento’s hospitality sector achieved rare full-capacity momentum during the...
