Hospitality
San Diego’s $19 Hospitality Minimum Wage Squeezes 103 Hotels as State Rate Climbs to $17.40
San Diego's $19 hospitality minimum wage hits 103 hotels and major venues as California's statewide rate climbs to $17.40 in 2027.
California’s $17.40 Minimum Wage Takes Effect in 2027, Stacking Onto Southern California Mandates
California's minimum wage climbs to $17.40 in 2027, adding to a stack of Southern California local and sector wage mandates.
World’s First Motel Site in San Luis Obispo Hits Market, Entitled for 83-Room Hotel Redevelopment
Hayes Commercial Group has brought the 4.21-acre Motel Inn property in San Luis Obispo, the century-old site credited as the world's first motel,...
Thorsen Advances $20MM ‘The Admiral’ Adaptive Reuse at Liberty Station, Now a Three-Phase Build Through 2028
Hospitality entrepreneur Ryan Thorsen has reset the timeline and budget for The Admiral, his seven-acre transformation of Liberty Station’s derelict officers’ quarters, pushing...
Comic-Con Locks Into San Diego Through 2030, Anchoring $160MM Annual Hospitality Windfall
San Diego secured a five-year commitment from Comic-Con International that keeps the pop-culture juggernaut and its estimated $160 million in annual regional spending...
La Jolla Beach & Tennis Club Launches Final Phase of $60MM Resort Overhaul With 90-Room Redesign
The fifth-generation, family-owned La Jolla Beach & Tennis Club is moving into the concluding stage of a two-phase, $60 million reinvestment in its...
Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing
The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...
Reuben Brothers Seize 190-Key West Hollywood Edition From Witkoff in $211MM Deed-in-Lieu
British billionaires Simon and David Reuben have taken ownership of the West Hollywood Edition on the Sunset Strip, closing out a four-year debt...
Developer Declares Two Dana Point Harbor Hotels ‘Dead’ After OC Supervisors Delay 66-Year Ground Lease Vote
The developer behind a luxury hotel and a surf lodge planned for the $600 million Dana Point Harbor overhaul says both projects are...
Ashford Sells 260-Room Sheraton Mission Valley to Hotel Circle Holdings for $45.25MM in San Diego
Ashford Hospitality Trust has closed the sale of its 260-room Sheraton San Diego Mission Valley to Hotel Circle Holdings for roughly $45.25 million,...
San Manuel Nation’s $33.2MM Purchase of Riverside’s 238-Room Mission Inn Surfaces in County Records
Real estate filings with Riverside County have put a number on a deal both buyer and seller had kept confidential, showing the Yuhaaviatam...
Seaview Hands Back Keys on 231-Key Residence Inn LAX After $45MM Default
Robert Alter’s hotel firm consented to a court-appointed receiver as Rialto and Cantor moved on the loan, signaling deeper distress across Los Angeles...
