Web & Data Editor/Reporter
Private equity firm Alpha Wave Investors in San Clemente has formed Soul Community Planet to provide branding for hotels and other projects, with an initial investment of about $1 million, according to Chief Executive Ken Cruse.
An American Vanguard Corp. subsidiary acquired the Bromacil herbicide business of Bayer Crop Science in the U.S. and Canada. It bought the rights outside of these markets from DuPont Crop Protection in 2015.
Measured Failure Part Of ‘Social Capitalist’ Life
A comedy bit tells of a fictional inventor who “created a soft drink called 4-Up” that went through several iterations—“5-Up, 6-Up”—but never caught on, and the man “gave up and died, brokenhearted”—followed by a pause and the punchline, “Little did he know how close he came.”
$4.5B Chain to Debut At No. 2—Next Year
Boy, will this list be different next year.
If you’ve “turned it too far and need to bring it half-a-turn back” Jeff Leonard can help.
Fieldstead and Co. in Irvine plans a daylong “What Would Howard Do?” discussion of home ownership at the University of Southern California on Aug. 1.
110 Firms Combine For $100B in Annual Revenue
Strong sectors of the economy, acquisitions, and emerging markets and technology drove double-digit revenue increases at several Orange County private companies—including three top-ranked businesses, where revenue totals make bigger bumps harder to come by.
Crepes Bonaparte Founders Expand Southern California Reach
You might not have heard of Curbside Bites, but there’s a good chance you should be thanking it roughly once a week.
John Wayne Airport reported a solid—even stolid—fiscal 2017 with stable revenue, positive operating income, and lower interest expense for the year ended June 30.
RESTAURANTS: Cost-cutting, revenue attempts, go only so far
When Real Mex Restaurants Inc. sells again, it’ll be for less than $100 million, considering the decade of woes at the Cypress-based casual dining chain:
ShiftPixy Inc. raised $9 million in gross proceeds from a June 4 private placement of 8% senior secured convertible notes with institutional investors.
FOOD: Century of bottling innovation could bear fruit
Beta testing of an Irvine inventor’s new can in 7-Eleven locations in Los Angeles is the latest chapter in a 25-year saga to bring self-cooling technology to consumers worldwide.
JetSuiteX can begin flying from John Wayne Airport after the Board of Supervisors today unanimously approved the plan in “the first instance of a regularly scheduled commercial user operating from a location other than the Thomas F. Riley Terminal” according to the board’s agenda item.
Pacific Hospitality Group in Irvine named Paul McCormick president and chief operating officer and Tom Walston corporate director of information technology and business intelligence.
Pacific Hospitality Group Chief Investment Officer Kory Kramer left the Irvine-based hotel owner-operator to start a hospitality venture. He’s now a consultant with PHG, which named a new vice president of investments to take on some of his former responsibilities.
Montage International’s Pendry Hotels lifestyle division will manage a 164-room hotel when it opens in 2021 as part of a Manhattan mixed-use development by Brookfield Property Partners LP.
Average daily rates at hotels in seven Orange County submarkets increased year-over-year in both year-to-date and month-of-April comparisons, according to CBRE Hotels in Los Angeles; the real estate broker and consultant also increased its national hotel market outlook for the year.
Indexes were higher in midday trading on a strong jobs report that showed nonfarm payrolls and wages rising.
Southwest Airlines will add flights on current routes from Long Beach Airport for at least the first two months of a JetBlue Airways pullback from the airport.
Indexes rose in midday trading on easing of worries over Italy’s political woes and sector strength in finance and energy.
Irvine Co. today named Scott Hermes its resorts division president to succeed Ralph Grippo.
Yogurtland opened in the Emirate of Sharjah, one of the kingdoms in United Arab Emirates; it has two other locations in UAE.
Home Franchise Concepts promoted Faisal Khan to chief information officer, a new position;. He’d been vice president of technology at the Irvine-based franchiser of homecare services.
Disneyland Resort has begun building a 6,500-space parking structure valued, according to permits, at $100 million, and part of the park’s’ $2 billion expansion, which also includes a fourth hotel and Star Wars: Galaxy’s Edge.
Irvine Co. Big Man On Training Campuses
No one sits at Pelican Hill—well, no one who works there does.
Still-Rising Tourism Tide Lifts OC Resorts’ Boats
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 in the kinds of cocktails crafted for travelers.
The Business Journal’s Paul Hughes asked hospitality companies and academic programs they work with about formal, systemic efforts properties take to recruit, hire, train and advance personnel—including technical staff, line workers and executives.
51 Properties’ Total Stable; Tower, Refreshes Added
In the league of Business Journal lists, hotels sketch out a stable game. Room totals—the metric for this week’s list—pivot little, if at all.
Year-over-year John Wayne Airport passenger traffic was up 5% in April to 894,000 on about 3,775 commercial flights, up 4.4%.
Walt Disney Co. said Star Wars: Galaxy’s Edge will open at Disneyland Resort in summer 2019; the Walt Disney World iteration will follow in late fall.
Visit Anaheim Chief Executive Jay Burress today in Denver led a live-streamed, kick-off to promote a 2019 tradeshow expected to bring about 6,000 travel industry attendees to Anaheim and Orange County.