California hotel transaction activity in 2025 reflected a highly uneven recovery, with sharp gains in select cities offset by pullbacks across several traditionally active regions. Sales data show that capital is increasingly concentrated in a narrower set of locations, while overall deal activity remains dominated by smaller transactions and private buyers.
Urban comeback drove California hotel sales in 2025
San Francisco-San Mateo surged while Orange County and the Inland Empire retreated
CoStar Analytics
January 13, 2026 | 5:36 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In