February 25, 1986 |
Hernando Courtright, boniface, bon vivant and intimate friend to the great and near-great, who built two Beverly Hills hostelries into world-famous institutions while cultivating a personal taste for elegant living, died Monday at St. John's Hospital in Santa Monica. He was 81. A spokesman for the family said he was hospitalized Saturday night when he suffered a stroke that left him unconscious.
December 12, 1985 |
An unpublicized aspect of China's current modernization program is food, specifically Chinese food, which has fallen into disrepute on its home ground. The best Chinese food is no longer found in the Middle Kingdom but in the British colony of Hong Kong, say those in the know--Chinese chefs. And it is the overseas-trained Chinese chefs, mainly from Hong Kong, who are being lured back to their homeland to once again put China on the world's food map. "It's survival of the fittest in Hong Kong.
CALIFORNIA | LOCAL
October 24, 1989 |
Financial problems at an Encino travel company have left at least 70 Americans to fend for themselves in the Orient after hotels and other tour businesses refused to honor their prepayment vouchers, a company official said Monday. Tourists arranged their luxury tours through Hemphill Harris Travel Corp.
July 29, 1989 |
Stanley Ho isn't looking to make a quick buck with his first major purchase in Orange County. Since buying Le Meridien Hotel in February, the wealthy Hong Kong investor has poured $3 million into renovations that are expected to be completed next month. He plans to pump an additional $2 million to further upgrade the 435-room hotel next year. Ho will end up paying nearly $11,500 in renovations per room as he tries to take the four-star luxury digs in Newport Beach a notch higher.
February 17, 1996 |
A high-powered Hong Kong consortium that once bailed out Donald Trump has bought a piece of Southern California history, the posh Regent Beverly Wilshire Hotel, for about $100 million. Thursday's purchase of the Beverly Hills icon, whose banquet halls and luxury suites have attracted visiting royalty and Hollywood celebrities for decades, marks yet another fire sale of a piece of "trophy" real estate by unlucky Japanese investors. Sources said the buyers, B.W. Hotel L.L.C.
June 11, 1989 |
Oil heiress Caroline Rose Hunt was stunned, the story goes, when she got four offers in April for her 92-room Hotel Bel-Air at more than $1 million a room. Never before had a hotel in the United States sold at the $1-million-a-room mark, and Hunt thought her 1940s landmark was only worth in the $600,000-a-room range, said Chris Leinberger of Robert Charles Lesser & Co., a Los Angeles-based real estate consulting firm. A Tokyo company, Sekitei Kaihatsu, closed escrow in late May at a total purchase price of about $110 million, or $1.1 million a room.
October 12, 1995 |
As the deadline for Hong Kong's 1997 reversion to China counts down on a clock at Tian An Men Square, visitors are starting to notice subtle changes in the business climate of the British territory. But so far nothing has knocked Hong Kong off the list of the most frenetic and freewheeling centers of capitalism in the world. "The business climate is still very, very good, and I expect it to remain that way," said Wolf Hengst, president of Hong Kong-based Regent International Hotels.
September 17, 1989 |
Kai Tak Airport, usually crowded with people and planes, suddenly seems manageable. It is now just crowded with planes. But where are the people? There are no long lines at passport control. The cab ride from the airport to your hotel, often an ordeal, is a breeze. And the hotels, usually jammed to capacity, have more than enough rooms available for guests. Stores on the Kowloon side, normally filled with bargain hunters, are advertising sales to attract customers.
September 2, 1990 |
A businessman is mugged at knife-point in one of the most exclusive hotels in Hong Kong, the densely populated British colony where not a week goes by without reports of a shoot-out between police and robbers. In the last few years of British rule, violent crime is rising while police morale is sinking, and there are fears among some residents of a breakdown in law and order before China takes over in 1997.
May 13, 1990 |
There has been an astounding revolution in business travel over the last 20 years. Women now comprise 39% of business travelers, up from 1% in 1970, according to the most recent U.S. Travel Data Center survey. Of this number, roughly a quarter hold professional or managerial positions, about a third are lower-level technical or managerial, a fifth are clerical or sales staff, and the remainder are self-employed.