SAN DIEGO ---- San Diego County led California in the number of hotels foreclosed in the third quarter with 13, followed by Riverside County with a dozen, according to a quarterly survey of distressed hotels in the state.
In California, the 2010 survey for the three-month period ended Sept. 30 showed 529 hotels in default or foreclosure, a 10.7 percent increase from the quarter ended June 30, and a 71.2 percent increase over the third quarter ended a year ago.
The survey was conducted by Irvine-based Atlas Hospitality, a brokerage that specializes in the sale of hotels.
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