SAN DIEGO— The San Diego lodging market – and specifically downtown – will continue to experience healthy growth, according to current research by Hospitality Real Estate Counselors.

The work was done by Mike Armstrong, Steve Strenk and other professional's in the firm's San Diego office.

“The San Diego economy is firing on all cylinders and the downtown hotel market is cruising at full speed, with year-to-date occupancies at an all-time high,” said Armstrong, a principal at Hospitality Real Real Estate Counselors (HREC). “The prospects for downtown are healthy, in spite of the new supply coming on line this year and next. The Airport expansion and the upcoming expansion of the San Diego Convention Center will contribute to further growth in visitation and demand for hotel rooms. Whether you are buying, building or renovating a hotel, there has never been a better time to invest in downtown San Diego.”

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.