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San Diego Hotels Sold as California Investment Climate Gets More Hospitable

Orange County Investor Buys Two Properties in $72 Million Deal
Fairfield Inn & Suites in Old Town was one of two San Diego hotels acquired by investor MIG Real Estate. (CoStar)
Fairfield Inn & Suites in Old Town was one of two San Diego hotels acquired by investor MIG Real Estate. (CoStar)
CoStar News
February 11, 2022 | 10:44 P.M.

Two hotels with nearly 300 combined rooms in San Diego’s Old Town neighborhood were sold for $72 million as hospitality property values have been rising across the state amid an improving tourism economy.

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