Relevant:
- Sales of Los Angeles hotels are brisk
- California Hotel Foreclosures Jump 91% as Lenders Seek to Sell Properties
- Sunstone Hotel Investors to Turn Over W San Diego to Mortgage Holders
- Luxury Hotels Aim to Turn Downtown L.A. Into Times Square West
- Hilton to Sell NYC's Waldorf Astoria to Chinese Insurer for $1.95 Billion
2009-07-25 — blogspot.com
"Luxury hotels are defaulting on their loans as the economy kills off business travel. But what is ailing the hotel industry is good for consumers as room rates fall."
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