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San Diego pursues hotels for homeless housing approaching $400,000 a room

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Historic downtown San Diego hotel sold for $65 3 million - The San Diego Union-Tribune

When will San Diego see more hotels under construction?

La Jolla firm joins rush to acquire financially troubled hotels amid pandemic

La Jolla firm joins rush to acquire financially troubled hotels amid pandemic Over the past year, hotels have faced much-diminished demand for overnight stays amid the coronavirus pandemic, which has sharply curtailed leisure and business travel. (The San Diego Union-Tribune) The newly formed Torrey Pines Hotel Group will join a Los Angeles-based firm to buy up financially distressed hotels at discounted rates and manage them long-term. Print As hotels struggle to survive a nearly year-long pandemic that has crushed business and leisure travel, an increasing number of companies are rushing in to acquire financially troubled properties at what they hope will be discounted rates.

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