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The local region’s biggest hotel property sale of 2016 involved the 372-room San Diego Marriott La Jolla in University Towne Center, which sold for more than $130.8 million -- Photo courtesy of Carey Watermark Investors 2 Inc.

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Atlas Report: Local Hotel Property Deal Volume Down 67.8 Percent in 2016

San Diego County saw hotel property sales volume in 2016 decline 67.8 percent from the prior year, to $473.1 million, as the number of completed deals dropped from 30 to 21, according to the latest annual California data from Atlas Hospitality Group.

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