In 2024, roughly $2.5 billion of hotel properties were traded in California, a decrease of 6% compared to the prior year, with the number of sales decreasing by over 10%. This was the lowest volume recorded in California since 2014 and the second lowest since 2010 when $1.5 billion was traded.
Hotel transactions in California remained muted compared to historical standards
Two transactions made up 20% of the total sales volume
CoStar Analytics
January 14, 2025 | 3:14 P.M.
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IN THIS ARTICLE
- Properties
- Residence Inn at Anaheim Resort / Convention
640 Katella Ave, Anaheim, CA
- Hilton La Jolla Torrey Pines
10950 Torrey Pines Rd, La Jolla, CA
- SpringHill Suites At Anaheim Resort
1801 Harbor Blvd, Anaheim, CA