A
downtown Oakland hotel has changed hands for just one-fourth of its original price, highlighting the turmoil in the Bay Area's lodging market.

    The Courtyard Oakland Downtown, a 162-room hotel located at 988 Broadway, was sold at a significantly reduced value. This sale underscores the decline in hotel values across the region.

    The transaction is a stark indicator of the challenges facing the hospitality industry in the Bay Area, where economic uncertainty and shifting consumer behavior are taking their toll on property values.