With the pandemic, you had a complete erosion in hotel values, but now those values are improving, said Alan Reay, president of Irvine-based Atlas Hospitality Group, which tracks the California lodging sector.
Date: Jun 15, 2021
Category: More news
Source: Google
British firm plans to remake historic downtown LA building into a hip hotel
The entry of a niche foreign hotel firm into downtown Los Angeles marks a stark reversal from decades past. The area's hotel market has long been dominated by corporate giants catering to business travelers, said Alan Reay of Atlas Hospitality Group. Tourists instead flocked to West Hollywood or bea
Date: Dec 30, 2015
Category: Business
Source: Google
Seaside hotel in CA sells for record-shattering $360M
That price tag for the Montage Laguna Beach which comes to $1.4 million per room "shattered the price barrier for California hotels by a wide margin," hotel consultant Alan Reay of Atlas Hospitality tells the Los Angeles Times on Friday.
Date: Jan 31, 2015
Category: Business
Source: Google
Sumptuous seaside hotel sells for record-shattering $360 million
_ which comes to $1.4 million per room _ "shattered the price barrier for California hotels by a wide margin," hotel consultant Alan Reay of Atlas Hospitality tells the Los Angeles Times (http://lat.ms/1LrB4t2) on Friday.
The report said the structural design was completed by engineer David Harding, who had no experience designing multistory buildings like the CTV and was "working beyond his competence." Yet Harding never sought assistance from his boss, Alan Reay. The report blamed Reay for leaving Harding to work u
Alan Reay Consultants, which carried out the building's initial structural design, disagreed with the report. Alan Reay, the company's director, said in a statement: "I have huge empathy for the families waiting for answers, but these reports are technically inadequate ... Some of the assumptions ma
"Personally I feel incredibly torn," Alan Reay, the company's director, said in a statement, issued immediately after the report came out. "I have huge empathy for the families waiting for answers, but these reports are technically inadequate ... Some of the assumptions made in the reports are highl
Date: Feb 09, 2012
Category: World
Source: Google
Blackstone unit gets majority ownership of Hotel del Coronado
Chicago-based Strategic Hotels, which also owns the Ritz-Carlton Laguna Niguel and Loews Santa Monica Beach Hotel, paid $745 million for the Hotel del Coronado in 2005, hotel consultant Alan Reay said.