according to Atlas Hospitality Group’s California Hotel Development Survey 2024 Year-End. The firm also releases a midyear survey. The reasons for the decline add up to a continuation of obstacles.

— Southern California added 1,950 hotel rooms in 2024, which was down 19.8% from the 2,432 rooms that opened in the Southland in 2023. — California overall added 3,798 hotel rooms in 2024 ...

It was California's worst year for hotel production ... “We predict that in the near term the future for hotel construction will remain weak as investors focus on purchasing existing hotels ...

SAN JOSE — Hotel development nosedived in California and the Bay Area in 2024, fresh evidence the statewide lodging market may still be affected by economic conditions following a global ...