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Monday, Jan 30, 2023

Two Marriott Properties Sold to Virginia REIT

You know winter’s over when you see the Sports Illustrated Swimsuit Edition and Cond & #233; Nast Traveler’s “Hot List” issue.

As for sports, the San Diego Padres couldn’t even be called lukewarm. Not so far this season.

But the county had a pretty good showing in the pub’s “insider’s guide to the newest, hottest, sexiest hotels” in the May issue. The Grand Del Mar and Ivy Hotel were included among the top 20 properties nationwide.

Whisknladle restaurant of La Jolla was also named to the “Hot Tables” list and The Spa at The Grand Del Mar was on the “Hot Spas” list.

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Marriott Residence Inn Sold:
Irvine’s R.D. Olson Development said it has sold two Marriott Residence Inn hotels, one in Oceanside on Ocean Ranch Boulevard and the other in Burbank in a packaged deal for $80 million to Apple REIT Eight, a real estate investment trust based in Virginia.

RD Olson said it purchased the Burbank site in 2005 and the Oceanside site 2006 for undisclosed prices. The hotels, with 166 and 125 suites respectively, opened in 2007.

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BIO To Generate Huge Cash Infusion:
The 2008 BIO International Convention slated for June 17 through 20 at the San Diego Convention Center is expected to generate $34.6 million in direct spending and $83 million in economic impact, in addition to $1.47 million in tax revenues, according to the agency that operates the 2.6 million-square-foot waterfront facility.

The San Diego Convention Center Corp. also estimates that the convention, which is expected to draw an attendance of 20,000, will generate 39,960 nightly hotel room stays.

The BIO convention will rank second in terms of economic impact compared with the 2008 Winter Fancy Foods and Confection Show held in January, according to the Convention Center Corp.

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Pizza Pizzazz:
Sammy’s Woodfired Pizza was named the Best in Class in the pizza category by the California Restaurant Association at its 24th Annual Gold Medallion Awards ceremony at the end of April.

According to company publicist C3 Communications Inc., the pizza chain, owned by Sami Ladeki, has won the award 10 out of the last 11 years. Ladeki has nine locations in the county.

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Harney Sushi Expands:
Harney Sushi, a popular dining spot in Old Town San Diego plans to open a new restaurant in Oceanside in late June.

Harney Sushi Oceanside will be located on Mission Avenue in the Oceanside Terraces development near the Oceanside Pier.

Its 3,500-square-foot interior and 425-square-foot patio will offer seating for 155 and include both sake and sushi bars. The cost to open the new restaurant was not given.

Harney Sushi opened in Old Town in 2000.

Send tourism and hospitality news to Connie Lewis via e-mail: clewis@sdbj.com.


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