Bay Area hotel purchases slump amid inflation, price uncertainty

Bay Area hotel purchases slump amid inflation, price uncertainty

2 years ago
Anonymous $CIOZ56dzxX

https://www.siliconvalley.com/2022/09/12/bay-area-hotel-purchase-slump-real-estate-inflation-develop-economy/

The Bay Area market for hotel purchases slumped during the first half of 2022 compared to the same period the year before amid inflation woes and fast-rising interest rates.

The total dollar volume for hotels bought in the nine-county Bay Area was $660.5 million, according to research that Atlas Hospitality Group provided to this news organization.

Bay Area hotel purchases slump amid inflation, price uncertainty

Sep 12, 2022, 9:26pm UTC
https://www.siliconvalley.com/2022/09/12/bay-area-hotel-purchase-slump-real-estate-inflation-develop-economy/ > The Bay Area market for hotel purchases slumped during the first half of 2022 compared to the same period the year before amid inflation woes and fast-rising interest rates. > The total dollar volume for hotels bought in the nine-county Bay Area was $660.5 million, according to research that Atlas Hospitality Group provided to this news organization.