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Old Jan 4, 2012 | 2:08 pm
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elCheapoDeluxe
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San Jose, CA: Two Marriott hotels under one roof

Story from the SJ Merc here:

http://www.mercurynews.com/real-estate/ci_19669265

One of the Marriott hotels will be a 175-room Residence Inn and the other a 146-room SpringHill Suites. Guests will come in through a common entrance but then find two distinctly different lobbies.

"The hotels will share the same 'back of the house' -- the same laundry, maintenance, breakfast operations," said Mike Black, senior development manager for Barry Swenson. The hotel complex also will have a garage and ground-level pool.

"To get hotel financing these days, you have to be creative," Black said. "You have to be extremely creative unless you are doing an all-cash deal."
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