Major Addition Of Hotel Rooms To Downtown San Diego

Believe it or not, downtown condo conversions are still “in” and this bodes well for future property values. However, gone are the days of converting apartments to condos, now the current trend is (pre-construction) condos to hotels. The drivers behind this trend are the soft condo market, the tight high end hotel market and the constantly growing attractiveness of downtown San Diego to convention attendees and tourist alike. 성남룸싸롱

If you ever tried to book a hotel in downtown for a visiting friend you know how difficult and expensive it can be. Finally, the market place is coming to the rescue with over a dozen hotels planned or currently under construction which will add over 6,000 hotel rooms. Some of these hotels will be built where condos were once planned, often keeping the same exterior architectural design.

This is great news for downtown, because the deluge of dining dollars and vacation shopping will continue to have a positive influence on the restaurant and retail establishments. Only the best of the existing establishments will be able to survive in a market with increasing retail lease rates. Downtown’s future continues to look great in the long run according to the major hotel companies. This trend will encourage more office buildings to be built downtown eventually.

Some of the hotel brands that are coming to downtown San Diego or will be expanding their current presence are: Hard Rock Condo Hotel, Setai San Diego Condo Hotel, Hilton, Marriott, Hotel Indigo, Candlewood, Spinnaker, Inter-continential and Woodfin.