79 F
Laguna Hills
Saturday, Jun 25, 2022
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ALAN REAY

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PRESIDENT, ATLAS HOSPITALITY GROUP

WHY: England native heads state’s top hotel brokerage and research firm. Clients include institutional investors and public hotel firms, like Sunstone Hotels. Publishes biannual reports of California hotel sales and new hotel development.

RECENT: New report indicates local hotel openings were up in 2020, while future development will be harder hit.

QUOTABLE: “For those developers that still want to move forward with new hotel development, they are going to find it virtually impossible to find lenders willing to provide construction financing.”

2020 HOBBY: “I have been doing a lot more hiking and reading.”

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