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Article: S.D. Has Bountiful Supply of New Hotels, Rooms.(San Diego, California)(Brief Article)(Statistical Data Included)
- Article from:
- San Diego Business Journal
- Article date:
- March 5, 2001
- Author:
CopyrightCOPYRIGHT 2001 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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San Diego topped the region in the number of new hotels and rooms opened last year, according to a Costa Mesa-based firm.
The company, Atlas Hospitality, recently released its review of the year 2000 for California hotels.
Nine new hotels and 1,163 rooms were opened in San Diego County last year.
The largest hotel among them was the 252-room Hilton San Diego Gaslamp Quarter, which is across from the Convention Center.
According to Atlas, the financing market had a profound effect on new hotel development in the state last year, noting a "tremendous decline" in the number of new hotels opened.
However, with demand growing 4 to ...