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Foreclosures and failed property loans this year have made an impact on hotel purchase deals in both the Bay Area and California, a new report shows. Weakening values have also caused hotel ...
California is a popular destination for both domestic and international travelers. The new year brings a variety of new hotels, resorts and glamping options sure to boost its tourism potential.
SAN JOSE — Hotel purchases have nosedived in the Bay Area and across California, in a sign that investors believe the weakness in the lodging sector has yet to run its course. Measured by dollar ...