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FinanceHospitalityINDUSTRY news

Private Investor Sells 61-Room Best Western Salinas Valley Inn & Suites for $9.99MM in Monterey County

The Highway 101-adjacent hotel near Historic Downtown Salinas traded at roughly $164,000 per room, well above the statewide median in a constrained California...

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FeaturedFinanceHospitalityINDUSTRY news

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...

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FinanceHospitalityINDUSTRY news

Hilton Scotts Valley Sees 27% Value Cut as $21.7MM CMBS Loan Defaults at Maturity

The 178-room hotel in the Santa Cruz Mountains has struggled to cover debt service for much of the past decade, and its loan...

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FinanceHospitalityINDUSTRY news

KSL Capital Partners Acquires Two-Hotel Property Portfolio for ~$57.6MM Through Foreclosure in Bay Area

The Denver-based hospitality group paid no more than $57.6 million combined for the two boutique hotels, which Rhode Island-based Procaccianti Cos. purchased for...

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AECHospitalityINDUSTRY news

EKN Development Wins Preservation Committee Approval for Scaled-Down 56-Room Boutique Hotel in Downtown Petaluma

After a citizen referendum derailed the original six-story proposal, a four-story compromise design clears a key hurdle and could break ground within two...

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FeaturedFinanceHospitalityINDUSTRY news

Northern California Hotel Sales Surge Past $2.3B as Distress Reshapes the Market

San Francisco and the broader Bay Area drove a sharp rebound in transaction volume, led by deeply discounted marquee assets Northern California’s hotel...

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AECFeaturedHospitalityINDUSTRY news

Northern California Hotel Openings Climb 22% Despite Pipeline Contraction

Region delivers 2,647 rooms in 2025 as construction activity and future planning both decline year-over-year Northern California recorded 22 hotel openings with 2,647...

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FinanceHospitalityINDUSTRY news

Highgate Hotels Sells 229-Room Sheraton San Jose Hotel in Milpitas for $20.1MM

By The Registry Staff The Sheraton San Jose Hotel has been sold for $20.1 million, or approximately $87,772 per room, according to a...

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FeaturedFinanceHospitalityINDUSTRY news

California Hotel Market Shows Mixed Signals in First Half as Foreclosure Sales Drove Activity

Transaction volume declines while dollar values rise amid continued buyer-seller disconnect California’s hotel sales market presented a complex and often contradictory picture in...

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AECFeaturedHospitalityINDUSTRY news

Report: California Hotel Development Rebounds, Led by Landmark Openings in Southern Counties

After several years of subdued activity, California’s hotel development market is showing renewed momentum in 2025, highlighted by a surge in new openings...

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FinanceHospitalityINDUSTRY news

100-Room Commodore Hotel in San Francisco Hits Market as Industry Shows Signs of Recovery

A 100-room hotel in the heart of downtown San Francisco has entered the market for sale, positioned to capitalize on what industry experts...

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FinanceHospitalityINDUSTRY news

52-Room Days Inn by Wyndham in Pinole Listed for $8.5MM

The Days Inn by Wyndham, a 52-room hotel located at 2600 Appian Way in Pinole, has been listed for sale at $8.5 million,...

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