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.

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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.

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JWA Traffic Down 5%

John Wayne Airport passenger traffic decreased about 5% in August to 942,500 compared with the same month last year.

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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.

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Cruttenden’s Next Fintech Helps Gamers Save

INNOVATION: Blast tackles micro saving

Some of Walter Cruttenden’s biggest ideas begin with very small numbers.

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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.

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Long Beach Airport Traffic Down 7%

Long Beach Airport traffic decreased 7.2% year-over-year in August to 325,100 passengers.

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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.

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Disneyland’s D’Amaro to Disney World

Josh D’Amaro will move from president of Disneyland Resort to president of Walt Disney World Resort.

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LoanDepot Hires Tech-Focused CMO

Foothill Ranch-based loanDepot named David King its chief marketing officer, a new position.

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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.

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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.

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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.

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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.

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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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