https://www.siliconvalley.com/2023/07/10/east-bay-hotel-oakland-walnut-creek-newark-real-estate-economy-covid/

OAKLAND — A wobbly lodging operator will surrender ownership of 19 hotels nationwide — including four in the East Bay — as a way to curb worsening debts, a grim new indicator of ongoing post-COVID hospitality ailments.

Ashford Hospitality Trust, confronted by maturity dates last month on an array of loans, says it has aborted payments on certain mortgages, including two hotels in Newark, one in Oakland and one in Walnut Creek.