The addition of Residence Inn by Marriott Manhattan Beach to our portfolio continues the expansion of our management footprint throughout California, offering a model that's flexible and fast on its feet with unparalleled area operational expertise, Twenty Four Seven Hotels said.
In California, hotel sales volume has plunged more than 56 percent year over year, with the median price per room down 1 percent.
#hotel-investment #california-real-estate #hospitality-industry #hotel-management #commercial-real-estate
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