Sales activity for the hotel markets in the Bay Area and California imploded during the first half of 2023.
OAKLAND — Sales activity for the hotel markets in the Bay Area and California more broadly imploded during the first half of 2023, in a renewed sign of the sector’s collapse following the coronavirus pandemic.
Reay would know. Atlas Hospitality has been analyzing the statewide lodging sector for more than 20 years. Southern California suffered a 58.9% nosedive in the number of hotels sold. An estimated 62 hotels were sold in that region over the first six months of 2023 compared with 151 in the first half of 2022.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
California report credits gun laws for drop in killings; rates differ sharply across Bay Area countiesCalifornia gun homicide rate has fallen, but within the state there are wide disparities with some of the highest rates in the farm belt counties rather than the big cities, and wide differences am…
Read more »
Yazhouwan National Laboratory - Yazhou Bay, Sanya, Hainan, China job with Yazhou Bay Science and Technology CityRecruitment Notice of Yazhou Bay National Laboratory for High-Level Talents
Read more »
Santa Clara: Korean grill Baekjeong ready to open its first Bay Area restaurantReservations now available for Valley Fair’s newest culinary star
Read more »
EXCLUSIVE: Bay Area native, Lahaina resident and family left homeless after Maui firesSuzie Thibault, originally from El Sobrante, describes how her family escaped their burning Lahaina home and the devastating Maui fires as they now deal with an immense loss.
Read more »
Bay Area youth who grew up with the climate movement celebrate landmark Montana caseThe win in Montana, which is the first of its kind in the U.S., has reaffirmed concerns of Bay Area youth and validated their work in a youth-led climate movement that has not seen a lot of wins in…
Read more »
Bay Area activist loses appeal of Oakland murder conviction after contentious trialDeangelo Cortijo, 30, clashed frequently with both the trial judge and prosecutor during his 2021 trial.
Read more »