What will the Super Bowl mean for L.A. hotels?

Los Angeles hotel owners expect to enjoy a robust number of visitors this Super Bowl weekend, but their results could be affected by competition from short-term rental operators and the fact that Rams fans are close enough to drive to the stadium. Pebblebrook Hotel Trust CFO Raymond Martz doesn’t believe the city’s hotels will be sold out, but he is expecting $800 room rates at the REIT’s nine local luxury hotels.