The rumors are true 😔 Oakland hotel 'Moxy' closing 📝 📰 sfstandard "Oakland’s hospitality woes continue, as the city’s only boutique hotel has stopped accepting guests and closed its bar. The closure of the 172-room Moxy Hotel at 2225 Telegraph Ave. comes after the hotel in August defaulted on a $35 million loan from Acore Capital Mortgage." PS: One closure doesn’t define a city. Oakland hospitality is alive, resilient, and growing stronger every day. Support local hotels, local jobs, local tourism #StayInOakland — it’s better in person. - #thetownexperience