TOURISM AND MEDIA
Recent and archived news stories on: Airports, Conventions, Entertainment, Hotels, Gaming, Restaurants, Sports, Theme Parks, Travel...
Korean Buyer For 2 Luxe Resorts?
HOSPITALITY: Ritz, Montage trade expectedA South Korean financial services group has emerged as the likely buyer for two of Orange County’s poshest coastal resorts, which could trade hands for $900 million or more on a combined basis.Tesla Center to South OC
Tesla Inc. opened a service center in Lake Forest.
Hotel Revenue, Rates Up in August
Local hotels once again saw higher daily rates and revenue per available room on lower occupancy levels in August, CBRE Hotels said.
JWA Traffic Down 5%
John Wayne Airport passenger traffic decreased about 5% in August to 942,500 compared with the same month last year.
Enevate Adviser Shares Nobel
John Goodenough, a member of Irvine-based Enevate’s technology advisory board, has shared in the Nobel Prize in chemistry with two other scientists for the development of lithium-ion batteries.
Cruttenden’s Next Fintech Helps Gamers Save
INNOVATION: Blast tackles micro saving
Some of Walter Cruttenden’s biggest ideas begin with very small numbers.
Blackstone-Led JV Buys Great Wolf
An affiliate of Blackstone Group in New York will buy a controlling stake in family resorts company Minnesota-based Great Wolf Resorts, Inc.
Long Beach Airport Traffic Down 7%
Long Beach Airport traffic decreased 7.2% year-over-year in August to 325,100 passengers.
OC Innovators Honored
Orange County businesspeople gathered to honor notable innovators within the community at Hotel Irvine for the Business Journal’s fifth annual Innovator of the Year Awards Wednesday.
Disneyland’s D’Amaro to Disney World
Josh D’Amaro will move from president of Disneyland Resort to president of Walt Disney World Resort.
LoanDepot Hires Tech-Focused CMO
Foothill Ranch-based loanDepot named David King its chief marketing officer, a new position.
Hotel Rates Up, Occupancy Down
Local hotels saw higher daily rates and revenue per available room on lower occupancy levels in July, CBRE Hotels said.
Eagle Four Denver: $80M
A joint venture that includes Newport Beach-based Eagle Four Partners is moving ahead on $80 million in work at the Sheraton Denver Downtown.
CSUF/Disneyland Report: $8.5B Impact
A study by California State University-Fullerton credits Disneyland Resort with creating $8.5 billion in economic impact and more than 78,000 jobs in Southern California.
John Wayne Traffic Dips 4.5%
John Wayne Airport passenger traffic decreased 4.5% in July to 946,000 compared with the same month last year. Flights to and from the OC airport dipped 3.3% to 27,500 from July 2018.
Long Beach Airport Down 11%
Long Beach Airport traffic decreased 11% year-over-year in July to about 319,000 passengers; year-to-date traffic is down nearly 15% to 2 million.
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