Relevant:
- 175 California Hotels In Default; Sheraton Keahou Bay Resort in Hawaii Defaults; More Defaults Coming
- Foreclosures Climb 38% to Record in U.S. as Banks Process Backlog of Homes
- Hotel defaults, foreclosures rise in California
- Hotel Hell - Luxury Hotels Foreclosed
- San Francisco Bay Area Home Prices Fall as More Foreclosed Properties Sold
2011-08-03 — bloomberg.com
"The number of foreclosed hotels climbed to 191 in the three months ended June 30 from 100 a year earlier, according to the Irvine, California-based brokerage. Seizures also rose from the first quarter, when lenders took over 148 California hotels. The state's biggest hotel foreclosure in the second quarter was the 331-room Hilton Sacramento Arden West"
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