Tom York on Business: San Diego Shines, Bucks Statewide Decline in Latest Hotel Sales Survey ...Middle East

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Tom York on Business: San Diego Shines, Bucks Statewide Decline in Latest Hotel Sales Survey
source : Times of San Diego ( Middle East ) () 19
The Inn at Rancho Santa Fe sold for $100 million. Image from video Credit: Chris Jennewein The president of Orange County hotel broker Atlas Hospitality Group has some good news for San Diego’s all-important hospitality sector. He says that sales of hotels in San Diego were up nearly 28%, according to his Atlas annual 2023 Year-End California Hotel Sales Survey. “San Diego County stands out in our 2023 survey as it saw the highest increase in the median price per room of any of the counties in the state- up 27.5,” Alan Reay told the Times of San Diego. “This shows how desirable hotels in the region are to investors as many view the market as having a much more diverse economic b

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