Veritone Inc. shares jumped today after the Costa Mesa-based company announced two pending acquisitions, one for its emerging artificial intelligence business and the other for its media-buying arm.
Irvine-based Montage International’s luxe resort unit, Montage Hotels & Resorts, is the 14th-best resort brand in the world, according to readers of Travel & Leisure magazine.
Eight hotels with 955 rooms sold in Orange County through the first six months of the year, compared to 16 hotels with 1,803 rooms, year-over-year, according to Atlas Hospitality Group in Irvine.
Year-over-year Walt Disney Co. parks and resorts’ operating income rose 15% to $1.34 billion in the most recent quarter on a 6% revenue bump to $5.2 billion. The income growth was the highest of the entertainment company’s four divisions, and the revenue increase was second-highest.
Five quick service restaurant chains based in Orange County—or soon to be—made trade magazine QSR’s list of the 50 largest such companies in the U.S., ranked by 2017 systemwide sales.
Pacific Hospitality Group named Melanie Bucci chief financial officer;. She was most recently vice president of finance at Montage International for about eight years; both are hotel management companies based in Irvine.
Irvine-based marketing firm Advantage Solutions Inc. bought Mill Valley, Calif. agency Beekeeper Marketing on Thursday for an undisclosed sum.
Irvine-based Vizio Inc. has launched a free streaming service in an effort to corral cord cutters who have ditched traditional cable services.
The local hotel market continued strong in the first six months of the year, compared with the same period last year, with average daily rates of $194; revenue per available room about $156, and occupancy of more than 80%.
Santa Ana-based advertising agency Amusement Park named Melissa Norton its media director, replacing Cathy Sosa, who retired in June after 30 years with the agency.
BirchStreet Systems Inc. in Newport Beach promoted Stephen Markle to chief executive, succeeding founder Sushil Garg.
John Wayne Airport passenger traffic in June rose about 5% to 950,000, compared with the same month last year; year-to-date traffic was 5.24 million.
About 350,000 passengers moved through Long Beach Airport in June, up 12% compared with the same month last year.
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.
ACI Jet promoted Joe Daichendt to senior vice president over its fixed-base operations, a new role at the company, and named Nathen Steiger general manager of its FBO facility at John Wayne Airport. Daichendt will still be located at the FBO here.