Developer docs
API playgroundTry for free, no card

Search company profiles

Atlas Hospitality Group

Full company profile

uuid0009qba

Namestring
Atlas Hospitality Group
Legal namestring
Atlas Hospitality Group
Company typeenum
Private
Founded yearint
1997
Descriptiontext

Atlas Hospitality Group is a privately held, boutique hotel brokerage and advisory firm founded in 1997 by Alan X. Reay and headquartered in Newport Beach, California. The firm specializes exclusively in the sale of California hotels and self-identifies as having sold more hotels in the state than any other brokerage firm. Its core offering is Brokerage Services facilitating hotel sale transactions between property owners and investor buyers, supplemented by Advisory Services, Hotel Loan Sales, Private Loans (direct collateral-based lending), and Expert Witness Services provided by President Reay.

The business model is commission-based: Atlas earns a percentage of transaction value on each hotel sale it brokers, with pricing negotiated per transaction and not publicly disclosed. Go-to-market is sales-led and relationship-driven, targeting two primary segments: California hotel property owners seeking to sell or divest, and hotel investors/buyer groups (including distressed-asset acquirers) seeking acquisition opportunities. The firm publishes authoritative annual and mid-year California Hotel Sales Surveys and California Hotel Development Surveys, which serve as both market intelligence products and top-of-funnel marketing assets generating earned media coverage in Mercury News, The Real Deal, CoStar/Hotel News Now, and Los Angeles Business Journal.

The firm has no proprietary technology platform; its competitive assets are 28 years of accumulated California-specific market knowledge, a multinational brokerage team, and proprietary transaction datasets captured in its survey publications. The company maintains a direct distribution model with no channel partners, operates 11-50 employees, and is privately held with no external institutional investors or funding rounds identified. In May 2026, Atlas extended its network reach by becoming a founding board member of the Africa Hospitality Investors Council (AHIC), its first observable international expansion signal.

Short descriptiontext

Atlas Hospitality Group is a privately held, boutique hotel brokerage founded in 1997 that specializes exclusively in the sale of California hotels, serving individual hotel owners and investor buyers through commission-based brokerage, advisory, loan sale, private lending, and expert witness services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersIrvine, United States
HQ citystring
Irvine
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hotel brokerage services, hospitality real estate, hotel investment advisory, hotel loan sales, commercial real estate brokerage
Industry1 code
1Hospitality (Hotel) Property Management
CodeBPAJAGAGPrimaryYes
NAICS code1 code
  • Offices of Real Estate Agents and Brokers531210
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Hotel Brokerage Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Hotel Brokerage/Real Estate Commissions
TypeTransaction Fee
Description

Atlas Hospitality Group earns commissions on the sale of California hotel properties. As a licensed hotel brokerage firm, they facilitate transactions between hotel sellers and buyers, earning a percentage of the transaction value. This is their primary revenue stream.

atlashospitality.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Atlas Hospitality Group is a boutique hotel brokerage and advisory firm that facilitates the sale of California hotel properties, providing brokerage, asset management advisory, hotel loan sale advisory, private lending, and expert witness services. Since 1997 the firm has focused exclusively on the California hotel market, mediating transactions between property owners and qualified buyer/investor groups.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Record 510 hotel transactions totaling $9.9B in 2021
+2 more records
Product overview1 text field

Atlas Hospitality Group operates as a unified hotel brokerage and advisory platform offering a comprehensive suite of services for California hotel transactions. The core offerings include Brokerage Services (facilitating hotel sales through their cooperative team approach), Advisory Services (providing asset management guidance), Hotel Loan Sales (structured financial advisory for distressed assets), Private Loans (direct lending solutions), and Expert Witness Services (litigation support). The company specializes exclusively in California hotels, positioning itself as the market leader in the state since 1997.

Product and service5 records
1Brokerage Services
CategoryHotel Brokerage
Description

Full-service hotel brokerage facilitating the sale of California hotels, leveraging a cooperative team approach and in-depth market knowledge to achieve optimal transaction results for sellers and buyer-investors.

2Advisory Services
CategoryHospitality Advisory
Description

Asset management advisory services enabling hotel professionals to make informed critical decisions regarding their hospitality investments and property portfolios.

3Hotel Loan Sales
CategoryHospitality Financial Advisory
Description

Loan sale and structured financial advisory services providing customized solutions for complex distressed hotel transactions and loan portfolio sales.

4Private Loans
CategoryHospitality Private Lending
Description

Direct and reliable source of funding for collateral-based real estate transactions, offering private lending solutions for hotel acquisitions and refinancing.

5Expert Witness Services
CategoryLegal Expert Witness
Description

Consulting and testimony services provided by President Alan X. Reay for legal proceedings involving hotel transactions, valuations, and hospitality industry disputes.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-05-05
Description

Atlas Hospitality Group serves as a founding Board Member of the Africa Hospitality Investors Council (AHIC), an independent body established within the Energy & Environment Alliance (EEA) investors network. AHIC was created to serve as Africa's collective voice for capital committed to sustainable hospitality investment. Atlas's involvement represents their participation in international hospitality investor networks.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Cushman & Wakefield's Hospitality group provides global hotel investment sales, advisory, and asset management. Comparable to Atlas by competing for the same hotel owner/investor mandates with significantly greater geographic and institutional footprint.

TypeBroad incumbent
Description

CBRE's Hotels practice is the largest hospitality investment-sales platform globally, providing brokerage, advisory, and debt/equity placement. Directly overlaps Atlas's hotel investment sales franchise but with far larger scale and institutional reach.

TypeDirect peer
Description

LWHA is a hospitality-focused investment sales and advisory firm providing hotel brokerage, recapitalization, and capital-markets services. Comparable to Atlas as a boutique hotel-only intermediary serving owner/investor mandates with advisory extensions.

TypeBroad incumbent
Description

JLL's Hotels & Hospitality group is a major global hotel investment-sales and advisory practice within a broad commercial real estate services firm. Comparable to Atlas as a competing hotel intermediary with broader geographic and capital-markets resources.

TypeDirect peer
Description

HVS is a leading global hotel valuation and consulting firm that performs appraisals, feasibility studies, and brokerage/advisory services for hotel owners and investors. Closely comparable to Atlas as a hotel-only specialized intermediary serving owner/investor clientele across the US.

TypeDirect peer
Description

Berkadia's Hotels & Hospitality group delivers hotel investment sales, debt placement, and equity structuring for hospitality owners. Comparable to Atlas by combining hotel brokerage with adjacent lending/structured financial services.

TypeBroad incumbent
Description

Newmark operates a dedicated hospitality investment sales practice as part of a broader commercial real estate platform. Comparable to Atlas as a competing hotel intermediary serving owner/investor mandates with national sales infrastructure.

TypeDirect peer
Description

Marcus & Millichap operates a dedicated hospitality investment sales division intermediating the sale of hotels and limited-service assets. Directly comparable to Atlas as a hotel brokerage serving owner/investor clients with an analogous transaction-commission model.

TypeBroad incumbent
Description

Colliers provides hotel investment sales and hospitality advisory through its dedicated hospitality team. Comparable to Atlas as an overlapping hotel brokerage franchise that competes for owner mandates within a much broader CRE services platform.

TypeDirect peer
Description

Hodges Ward Elliott is a boutique hotel investment sales and capital markets advisory firm. Comparable to Atlas as a hospitality-specialized boutique broker that competes for hotel owner representation and buyer mandates across regional US markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Atlas Hospitality Group

Hotel Brokerage Servicesatlashospitality.com

Atlas Hospitality Group is a privately held, boutique hotel brokerage founded in 1997 that specializes exclusively in the sale of California hotels, serving individual hotel owners and investor buyers through commission-based brokerage, advisory, loan sale, private lending, and expert witness services.

What Atlas Hospitality Group does

Atlas Hospitality Group is a privately held, boutique hotel brokerage and advisory firm founded in 1997 by Alan X. Reay and headquartered in Newport Beach, California. The firm specializes exclusively in the sale of California hotels and self-identifies as having sold more hotels in the state than any other brokerage firm. Its core offering is Brokerage Services facilitating hotel sale transactions between property owners and investor buyers, supplemented by Advisory Services, Hotel Loan Sales, Private Loans (direct collateral-based lending), and Expert Witness Services provided by President Reay.

The business model is commission-based: Atlas earns a percentage of transaction value on each hotel sale it brokers, with pricing negotiated per transaction and not publicly disclosed. Go-to-market is sales-led and relationship-driven, targeting two primary segments: California hotel property owners seeking to sell or divest, and hotel investors/buyer groups (including distressed-asset acquirers) seeking acquisition opportunities. The firm publishes authoritative annual and mid-year California Hotel Sales Surveys and California Hotel Development Surveys, which serve as both market intelligence products and top-of-funnel marketing assets generating earned media coverage in Mercury News, The Real Deal, CoStar/Hotel News Now, and Los Angeles Business Journal.

The firm has no proprietary technology platform; its competitive assets are 28 years of accumulated California-specific market knowledge, a multinational brokerage team, and proprietary transaction datasets captured in its survey publications. The company maintains a direct distribution model with no channel partners, operates 11-50 employees, and is privately held with no external institutional investors or funding rounds identified. In May 2026, Atlas extended its network reach by becoming a founding board member of the Africa Hospitality Investors Council (AHIC), its first observable international expansion signal.

Atlas Hospitality Group firmographics

Firmographics
Name
Atlas Hospitality Group
Legal name
Atlas Hospitality Group
Website
https://atlashospitality.com
Company type
Private
Founded year
1997
Operating status
Operating
Headcount range
11–50 employees
Short description
Atlas Hospitality Group is a privately held, boutique hotel brokerage founded in 1997 that specializes exclusively in the sale of California hotels, serving individual hotel owners and investor buyers through commission-based brokerage, advisory, loan sale, private lending, and expert witness services.
Ownership category
akta.pro rank

Atlas Hospitality Group industry classification

Industry
Product category
Hotel Brokerage Services
NAICS
Offices of Real Estate Agents and Brokers (531210)
SIC
Real Estate Agents & Managers (For Others) (6531)
akta.pro primary industry
Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

  • Hotel brokerage services
  • Hospitality real estate
  • Hotel investment advisory
  • Hotel loan sales
  • Commercial real estate brokerage

Where Atlas Hospitality Group is headquartered

Location

Headquarters

HQ city
Irvine
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Atlas Hospitality Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Hotel Brokerage/Real Estate Commissions: Atlas Hospitality Group earns commissions on the sale of California hotel properties. As a licensed hotel brokerage firm, they facilitate transactions between hotel sellers and buyers, earning a percentage of the transaction value. This is their primary revenue stream.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Atlas Hospitality Group product offering

Product offering

Core offering

Atlas Hospitality Group is a boutique hotel brokerage and advisory firm that facilitates the sale of California hotel properties, providing brokerage, asset management advisory, hotel loan sale advisory, private lending, and expert witness services. Since 1997 the firm has focused exclusively on the California hotel market, mediating transactions between property owners and qualified buyer/investor groups.

Product overview

Atlas Hospitality Group operates as a unified hotel brokerage and advisory platform offering a comprehensive suite of services for California hotel transactions. The core offerings include Brokerage Services (facilitating hotel sales through their cooperative team approach), Advisory Services (providing asset management guidance), Hotel Loan Sales (structured financial advisory for distressed assets), Private Loans (direct lending solutions), and Expert Witness Services (litigation support). The company specializes exclusively in California hotels, positioning itself as the market leader in the state since 1997.

Differentiator

Problem solved

Functional benefit

Products and services

  • Brokerage Services Full-service hotel brokerage facilitating the sale of California hotels, leveraging a cooperative team approach and in-depth market knowledge to achieve optimal transaction results for sellers and buyer-investors.
  • Advisory Services Asset management advisory services enabling hotel professionals to make informed critical decisions regarding their hospitality investments and property portfolios.
  • Hotel Loan Sales Loan sale and structured financial advisory services providing customized solutions for complex distressed hotel transactions and loan portfolio sales.
  • Private Loans Direct and reliable source of funding for collateral-based real estate transactions, offering private lending solutions for hotel acquisitions and refinancing.
  • Expert Witness Services Consulting and testimony services provided by President Alan X. Reay for legal proceedings involving hotel transactions, valuations, and hospitality industry disputes.

Quantifiable outcome

  • Record 510 hotel transactions totaling $9.9B in 2021
  • +2 more outcomes

Companies that use Atlas Hospitality Group

Customer profile

Named customers8 records

Segments2 records

Ideal customer profiles3 records

Atlas Hospitality Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Atlas Hospitality Group partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Africa Hospitality Investors Council (AHIC)minorStrategic or Co-development Partner · 5 May 2026Atlas Hospitality Group serves as a founding Board Member of the Africa Hospitality Investors Council (AHIC), an independent body established within the Energy & Environment Alliance (EEA) investors network. AHIC was created to serve as Africa's collective voice for capital committed to sustainable hospitality investment. Atlas's involvement represents their participation in international hospitality investor networks.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Atlas Hospitality Group competitors and assessment

Company assessment

Broad incumbents

  • Cushman & Wakefield Hospitality: Cushman & Wakefield's Hospitality group provides global hotel investment sales, advisory, and asset management. Comparable to Atlas by competing for the same hotel owner/investor mandates with significantly greater geographic and institutional footprint.
  • CBRE Hotels: CBRE's Hotels practice is the largest hospitality investment-sales platform globally, providing brokerage, advisory, and debt/equity placement. Directly overlaps Atlas's hotel investment sales franchise but with far larger scale and institutional reach.
  • JLL Hotels & Hospitality: JLL's Hotels & Hospitality group is a major global hotel investment-sales and advisory practice within a broad commercial real estate services firm. Comparable to Atlas as a competing hotel intermediary with broader geographic and capital-markets resources.
  • Newmark Group Hospitality: Newmark operates a dedicated hospitality investment sales practice as part of a broader commercial real estate platform. Comparable to Atlas as a competing hotel intermediary serving owner/investor mandates with national sales infrastructure.
  • Colliers International Hospitality: Colliers provides hotel investment sales and hospitality advisory through its dedicated hospitality team. Comparable to Atlas as an overlapping hotel brokerage franchise that competes for owner mandates within a much broader CRE services platform.

Direct peers

  • LW Hospitality Advisors (LWHA): LWHA is a hospitality-focused investment sales and advisory firm providing hotel brokerage, recapitalization, and capital-markets services. Comparable to Atlas as a boutique hotel-only intermediary serving owner/investor mandates with advisory extensions.
  • HVS: HVS is a leading global hotel valuation and consulting firm that performs appraisals, feasibility studies, and brokerage/advisory services for hotel owners and investors. Closely comparable to Atlas as a hotel-only specialized intermediary serving owner/investor clientele across the US.
  • Berkadia: Berkadia's Hotels & Hospitality group delivers hotel investment sales, debt placement, and equity structuring for hospitality owners. Comparable to Atlas by combining hotel brokerage with adjacent lending/structured financial services.
  • Marcus & Millichap: Marcus & Millichap operates a dedicated hospitality investment sales division intermediating the sale of hotels and limited-service assets. Directly comparable to Atlas as a hotel brokerage serving owner/investor clients with an analogous transaction-commission model.
  • Hodges Ward Elliott: Hodges Ward Elliott is a boutique hotel investment sales and capital markets advisory firm. Comparable to Atlas as a hospitality-specialized boutique broker that competes for hotel owner representation and buyer mandates across regional US markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Atlas Hospitality Group social profiles

Digital presence

Atlas Hospitality Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Atlas Hospitality Group leadership team

Management profile

Number of profiles

Profiles1 record

Atlas Hospitality Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Atlas Hospitality Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Atlas Hospitality Group

What does Atlas Hospitality Group do?

Atlas Hospitality Group is a boutique hotel brokerage and advisory firm that facilitates the sale of California hotel properties, providing brokerage, asset management advisory, hotel loan sale advisory, private lending, and expert witness services. Since 1997 the firm has focused exclusively on the California hotel market, mediating transactions between property owners and qualified buyer/investor groups.

Is Atlas Hospitality Group a public or private company?

Atlas Hospitality Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Atlas Hospitality Group founded?

Atlas Hospitality Group was founded in 1997. It employs 11 to 50 people.

Where is Atlas Hospitality Group based?

Atlas Hospitality Group is headquartered in Irvine, United States, in the North America region.

How does Atlas Hospitality Group make money?

One revenue line is on record: hotel Brokerage/Real Estate Commissions.

Who are Atlas Hospitality Group's main competitors?

Broad incumbents on record are Cushman & Wakefield Hospitality, CBRE Hotels, JLL Hotels & Hospitality, Newmark Group Hospitality and Colliers International Hospitality. Direct peers are LW Hospitality Advisors (LWHA), HVS, Berkadia, Marcus & Millichap and Hodges Ward Elliott.

Does Atlas Hospitality Group have an API?

No public API is recorded for Atlas Hospitality Group.

What industry is Atlas Hospitality Group in?

Atlas Hospitality Group's product category is Hotel Brokerage Services. Its primary akta.pro industry code is BPAJAGAG, Hospitality (Hotel) Property Management. Its NAICS code is 531210 and its SIC code is 6531.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
CostarDistress helps drive California hotels deals pace in first half of yearHotel transactions in California increased during the first half of 2026, with 128 deals recorded, up 13.3% year-over-year, representing $1.63 billion in total dollar volume, a 17.2% increase, according to Atlas Hospitality Group's California Sales Survey. Distressed deals accounted for 28% of all sales and 37% of the dollar volume, with two major distressed transactions—the Edition West Hollywood at $211 million and Stanly Ranch in Napa Valley at $195 million—representing a quarter of the state's total transaction value. The survey found that distressed sales were primarily driven by loans coming due, depressed property values, and borrowers unable to obtain new debt at reasonable terms, with Atlas President Alan Reay expecting more heavily discounted hotel sales in the second half of the year.The Mercury News14 North Bay hotel projects advance despite market headwindsFourteen hotel projects with 1,647 rooms were under construction in North Bay counties (Napa, Sonoma, Solano) at midyear despite rising construction costs, labor expenses, and limited access to financing, according to Atlas Hospitality Group's midyear California Hotel Development Survey. Statewide hotel openings fell 42% in the first half of 2026 compared to the prior year, while foreclosure and bankruptcy rates among hotel owners have increased. Several troubled properties were highlighted, including Blackstone's purchase of the Stanly Ranch resort out of foreclosure for $195 million and Windsor Hospitality Group's Chapter 11 filing for the Holiday Inn Windsor Wine Country hotel.San Diego Union-TribuneSan Diego hotel development doubles in a single yearSan Diego County saw its hotel development double during the first half of 2026, with 13 hotels accounting for 2,211 rooms under construction compared to 10 properties with 1,106 rooms in the first half of 2025. This growth contrasts with most of Southern California, where counties experienced declines in rooms under construction amid persistent high construction costs, labor costs, and interest rates. Atlas Hospitality Group's mid-year report shows San Diego leading the state in new hotel openings and ranking second only to Los Angeles in active construction, signaling strong developer and lender confidence in the regional market.CostarDifficult development environment leads to drop in California hotel openingsHotel openings in California declined significantly in the first half of 2026, with only 21 hotels and approximately 1,988 rooms opening, representing a 42% and 63% year-over-year drop respectively, according to the California Development Survey 2026 Mid-Year from Atlas Hospitality Group. Development timelines have nearly doubled to 30-36 months due to delays from tariffs, labor shortages, and California Coastal Commission approvals, while developers face higher interest rates on construction loans that were financed years ago at lower rates. The shift toward distressed hotel sales at substantial discounts to replacement cost is further dampening new construction, with extended-stay and limited-service hotels being the only viable product types penciling out financially.The Real DealEast Bay hotel finds buyer after foreclosure in region’s latest distressed lodging saleA group led by investor Ashok Goyal acquired the 112-room Hyatt Place Newark/Silicon Valley hotel in Newark, California for nearly $19.8 million, acquiring the property at a substantial discount from its $41 million May 2025 appraised value. State Bank of Texas seized the hotel in October through foreclosure after Shivam Real Estate defaulted on approximately $25.8 million in unpaid debt. Atlas Hospitality Group listed and facilitated the sale, noting the deal required identifying investors experienced with unstabilized recently constructed hotels in the Silicon Valley market.Silicon ValleyNewark hotel lands local buyer in wake of foreclosureA Hyatt Place hotel in Newark, California that entered foreclosure in October 2025 was purchased by a local investor group led by Ashok Goyal for just under $19.8 million, significantly below its prior $41 million appraisal. The 112-room hotel, built in 2023, was seized by State Bank of Texas after Shivam Real Estate defaulted on its loan in June. Atlas Hospitality Group arranged the sale and stated the new owners plan to focus on occupancy growth and profitability under the Hyatt Place brand.The Mercury NewsHotel development plummets in Bay Area as lodging uncertainties lingerHotel construction in the California Bay Area has sharply declined in 2025, with only 15 hotels comprising 1,610 rooms under construction, down from 21 hotels with 2,452 rooms in 2024, according to a report from Atlas Hospitality Group. The report attributes the downturn to persistent challenges in hotel financing, elevated construction costs, and hotel properties selling well below their replacement costs, making new development economically unviable. San Francisco had zero hotel rooms under construction in 2025, while major Bay Area hotels including the Signia by Hilton in San Jose and the Oakland Marriott City Center have faced foreclosures, and two large San Francisco hotels sold in November 2025 for 75% less than their 2016 valuation.