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Thayer Lodging Group has agreed to buy the 336-room Ritz-Carlton San Francisco from Host Hotels & Resorts for about $161 million, according to Bloomberg Businessweek. Thayer Group says it plans to invest up to $17 million in renovations on the property within the next two years. The sale took place amid a rapid rise in average daily rates in the San Francisco market, with nightly room rates up 7.5% this year through April.
The Georgia Department of Transportation (GDOT) has launched a statewide e-Ticketing initiative—starting in 2026, all contractors will be required to use e-Ticketing under Section 110 of GDOT specifications. As a first step, GDOT has implemented a dual-ticketing pilot—TruckIT, which requires both paper and electronic tickets.
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