Home » Lodging Hospitality Today's Top Reads » California Hotel Foreclosures Continue to Climb

California Hotel Foreclosures Continue to Climb

Apr 2, 2010 10:03 AM

From Business Week:
Up 27 Percent in First Quarter
Hotel foreclosures in California climbed 27 percent in the first quarter as unemployment cut business travel. Foreclosures rose to 79 properties from 62 as of year-end, Atlas Hospitality Group said in a statement. Defaults increased 6.5 percent to 327. Click here for the full story.

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