Monday, May 4, 2026
Daily Business Report

Daily Business Report: Monday, December 1, 2025

Every other downtown theater has reopened after 2020 — but Spreckels is still dark

By Drew Sitton | Times of San Diego

For nearly six years, Spreckels Theatre has stood frozen in time, a visible monument to the early tumult of the COVID-19 pandemic to anyone passing on Broadway.

Its marquee has remained unchanged since 2020, urging the community to stay safe and socially distance nearly six years later.

The marquee letters promise “our curtain will rise again soon.” The community is still waiting for that to happen.

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Vegans are loving it: Anti-McDonald’s plants a stake in Hillcrest and Pacific Beach

by Frank Sabatini Jr. | Times of San Diego

It is a company that refers to itself as “sarcastic disruptors.” Yet it earnestly adheres to a creed of compassion, community involvement, and veganism.

Add to the business model a name derived from 1969 Grateful Dead song Cosmic Charlie, and you end up with the rapidly growing McDonald’s-like chain called Mr. Charlie’s.

In the coming month or two, the eatery will open at the prime Hillcrest address of 3896 Fifth Ave., at the corner of University Avenue, where Chocolat last resided. It will also launch in Pacific Beach at 1560 Garnet Ave., which was previously occupied by Brazilian Bowls.

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San Diego Hotel Market Overview

By Robert Rauch  | The Hotel Guru

Occupancy:

Occupancy is highest in SeaWorld/Old Town/Airport at 75.7%, while Carlsbad/Oceanside sits at 70.1%. Most other submarkets fall between 71% and 74%.

ADR:

The CBD leads at $268.02, with South/East at $155.88 at the lower end.

RevPAR:

Highest RevPAR is in the CBD ($195.87), followed closely by La Jolla ($193.67), while South/East is at $111.01. RevPAR growth is strongest in San Diego Northeast/Escondido (+4.8%), with Mission Valley experiencing the largest decline (–8.6%).

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