Four East Bay hotels will be given to lenders in brutal lodging market

OAKLAND — A wobbly lodging operator will surrender ownership of 19 hotels nationwide — including four in the East Bay — as a way to curb worsening debts, a grim new indicator of ongoing post-COVID hospitality ailments. Ashford Hospitality Trust, confronted by maturity dates last month on an array…#oakland #eastbay #newark #walnutcreek #robhays #ashfordtrusts #courtyard #josenewark #bayarea #southbay

Source: Reuters: Health - July 10, 2023 Category: Consumer Health News Source Type: news