SAN JOSE — A big San Jose hotel has been put up for sale by a real estate company that had halted payments on the loan for two San Francisco hotels in the face of a feeble Bay Area lodging market.
The DoubleTree by Hilton Hotel San Jose has hit the sales block, according to a marketing brochure being circulated by Eastdil Secured, a commercial real estate firm.
Park Hotels & Resorts, acting through an affiliate, owns the DoubleTree by Hilton Hotel San Jose, county documents show.
The 505-room hotel is located at 2050 Gateway Place and is one of the closest hotels to San Jose International Airport.
Eastdil Secured didn’t offer a suggested price for the hotel, which in January 2024 had an assessed value of $92.6 million, according to Santa Clara County property documents.
The property h