Posts by WAW

Orange County Business Journal 07/23/18 OC Hotel Development Steady; More to Come By Paul Hughes http://www.ocbj.com/news/2018/jul/23/oc-hotels-steady-more-come/   Three new Orange County hotels with 445 rooms opened in the first half of 2018, according to data from Irvine hotel broker-consultant Atlas Hospitality Group. The three were • Hampton Inn & Suites in Irvine, with 164 rooms…

CoStar 07/13/18 Potential Hotel Wage Hike in Anaheim, Calif., Leads Disney to Mull Other Development Options By Lou Hirsh http://www.costar.com/News/Article/Potential-Hotel-Wage-Hike-in-Anaheim-Calif-Leads-Disney-to-Mull-Other-Development-Options/202747 Hotel operators including Disneyland are not in a happy place with a ballot measure in the California city of Anaheim that could raise workers’ minimum hourly wages at some properties from $11 to $18 by…

The Registry 06/25/18 A Welcome Sign for the Bay Area Hotel Industry in 2018 A robust 2017 for Bay Area hotels could bring continued expansion in 2018, say two industry reports By Michele Chandler http://news.theregistrysf.com/a-welcome-sign-for-the-bay-area-hotel-industry-in-2018 Hotel development is going strong in California, with the industry setting a new record for hotel room openings in 2017.…

CoStar 06/01/18 New Hotels Headed to the Sunset Strip By Karen Jordan https://product.costar.com/home/news/shared/191665   Driving down the Sunset Strip these days, it’s impossible to miss the cranes and other signs of construction happening. Much of the action revolves around hotels. There are no fewer than five projects underway along this famous patch of boulevard between…

Los Angeles Times 06/02/18 Hoteliers Are Building Mostly Upscale Projects to Meet Travel Demand By Hugo Martin http://www.latimes.com/business/la-fi-travel-briefcase-hotel-construction-20180602-story.html   Hotel developers are spending most of their money on lodging for higher-end guests and business travelers, thanks to a strong economy and the rising cost of labor and construction material. Those are the conclusions from hospitality…

Orange County Business Journal 05/28/18 TILL-RISING TOURISM TIDE LIFTS OC RESORTS’ BOATS Economics, Expansion Drive Hotel Renovations By Paul Hughes https://www.ocbj.com/news/2018/may/28/economics-expansion-drive-hotel-renovations/   Sometimes, it’s just time. Hotels and resorts refresh their looks about every seven to 10 years as styles change in “linens and lotions” and as food and beverage and design trends emerge, even…

The Real Deal 04/20/18 A Superpower’s Big Exit Chinese investment tanked in 2017, but some say that spells opportunity for local players By Hannah Madans | Research by Haru Coryne https://therealdeal.com/la/issues_articles/a-superpowers-big-exit   Greenland USA put a condo tower and a 350-key hotel, both part of its $1 billion Metropolis project, on the market this year.…

Los Angeles Business Journal 04/27/18 Hotel Demand Breeds New Supply By Ciaran McEvoy http://labusinessjournal.com/news/2018/apr/27/hotel-demand-breeds-new-supply/   A strong economy and robust tourism sector continues to spur a boom in hotel construction locally, a trend that had Los Angeles County leading the state last year in terms of new rooms. Roughly 40 percent of the nearly 10,800…

The Mercury News 04/30/18 Hotel Tower Planned Near Santana Row Amid Google Effect By George Avalos https://www.mercurynews.com/2018/04/30/hotel-tower-planned-near-santana-row-amid-google-effect/   SAN JOSE — Santana Row is miles from the site of Google’s proposed transit-oriented community in downtown San Jose, yet a developer believes a high-rise hotel planned near the iconic shopping center could benefit from the search…

The Mercury News 04/24/18 High-rise Hotel Eyed for Prime Downtown San Jose Site By George Avalos https://www.mercurynews.com/2018/04/24/high-rise-hotel-eyed-for-prime-downtown-san-jose-site-google-adobe-diridon/ A hotel tower is being planned for a prime site in downtown San Jose, a short distance from a future Google transit village and a pending expansion of the Adobe Systems campus, one of the project’s developers said.…

The Registry 04/24/18 KT Urban Proposes 220-Room Hotel in San Jose Next to Hotel De Anza By Vladimir Bosanac http://news.theregistrysf.com/kt-urban-proposes-220-room-hotel-in-san-jose-next-to-hotel-de-anza/   Each week seems to be marked by news about downtown San Jose. The central business district of the Bay Area’s largest city has seen much-deserved attention since Apple and Google have announced to build…

Los Angeles Times 04/20/18 By James Rufus Koren http://www.latimes.com/business/la-fi-meruelo-sls-20180420-story.html Three decades ago, a 23-year-old kid from Whittier, the son of Cuban immigrants, had an idea for a new kind of pizzeria — one that would serve predominantly Latino neighborhoods and offer then-uncommon toppings like chorizo and jalapeños. He took over a failed pizza joint in…