SAN JOSE — The DoubleTree by Hilton Hotel San Jose has been put up for sale, according to marketing material, by a real estate company that had halted payments on a loan for two San Francisco hotels.

Park Hotels & Resorts, acting through an affiliate, owns the hotel, county documents show. With 505 rooms, it is located at 2050 Gateway Place and is one of the closest hotels to San Jose International Airport.

Commercial real estate firm Eastdil Secured didn’t offer a suggested price, which in January 2024 had an assessed value of $92.6 million, according to Santa Clara County property documents.

Park Hotels & Resorts had previously walked away from making payments on a $725 million loan that had two major San Francisco hotels as collateral: the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco.

The Virginia-based company also sold the 316-room Hyatt Centric Fisherman’s Wharf hotel in northern San Francisco for $80 million in a deal announced in May.

The DoubleTree by Hilton Hotel San Jose has gone up for sale at a time when a growing number of indicators are pointing to difficult times for hotels in the Bay Area.

Loan defaults, foreclosures and even some hotel shutdowns have begun to haunt the region’s lodging industry.

In mid-May, a lender seized ownership of the 541-room Signia by Hilton hotel at 170 South Market St. in downtown San Jose. The foreclosure valued the hotel at $80 million, which was 41% less than the $134 million loan that the lender had provided.

In April, a lender grabbed control of a 276-room dual-brand hotel in downtown Oakland at 1431 Jefferson St. through a streamlined foreclosure process due to a delinquent $112 million loan.

In February, Oakland’s biggest hotel, the 500-room Oakland Marriott City Center at 1001 Broadway, went into default on a $100 million loan.