from the San Diego Daily Transcript (Thursday May 3, 2013)

Robert Rauch, a local hotel developer and consultant, said the hotel will need both business and leisure travelers to succeed, but should get both.

As for rates, Rauch said he doesn’t believe Hersha will average more than $200 per night right out of the box, but that the REIT should go above that figure as the economy improves in the next three years.

Rauch said the hotel’s overall prospects look… Continue reading →

from the UT San Diego (May 27, 2012) :

Other hoteliers say they’re noticing just the opposite. But that doesn’t mean summer travel won’t still be robust, said hotel owner and operator Robert Rauch.

“I think we’ll have a great summer, and I’m not afraid of the fact that the booking pace is behind last year,” said Rauch, who owns two San Diego hotels and manages four more in Pacific Beach, La Jolla, Coronado and Little Italy. “So no gas… Continue reading →

from The San Diego Business Journal (May 6, 2013):

Robert Rauch, president of hotel consulting firm R.A. Rauch & Associates in San Diego, noted that the local region has seen just a sprinkle of new hotel construction amid the overall tourism recovery.  …Rauch said there are several projects in the pipeline in places like San Marcos and downtown San Diego, but they are unlikely to move forward anytime soon.  …With an expanded convention center up and running, Rauch said lenders… Continue reading →

from the San Diego Daily Transcript (April 25, 2013):

“Every hotel with a loan due that wasn’t properly modified during the downturn is subject to this situation,” said hotel consultant and developer Robert Rauch….Rauch said the $186 million note was based on an assumed value of about $250 million, which he said may be nearly twice the Park Hyatt’s current value.“This property was originally financed during the go-go years (of the mid-2000s),” Rauch said. “The debt is so much higher… Continue reading →