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BUSINESS
September 15, 1999 | Stephen Gregory
More tourists, particularly from Europe and recovering economies in Asia, helped push hotel occupancy in Los Angeles County up 5% in July over the same month a year ago. Occupancy averaged nearly 79% of capacity in July, and early indications are that August could be equally as busy, said Michael Collins, executive vice president for the Los Angeles Convention & Visitors Bureau. The figures came from a survey of local hotels by PKF Consulting in San Francisco.
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BUSINESS
August 26, 1999 | Stephen Gregory
Consulting group PricewaterhouseCoopers is forecasting that next year's Democratic National Convention in Los Angeles will generate 87,000 overnight stays at area hotels, boosting average monthly hotel occupancy in the region to more than 80% capacity. The figure represents a bump of no more than 7 percentage points, the company noted, because average regional hotel occupancy for August, the month the convention is scheduled, has been about 76% capacity in recent years.
CALIFORNIA | LOCAL
July 20, 1999 | JENNIFER PENDLETON, SPECIAL TO THE TIMES
The San Fernando Valley doesn't have the concentration of swank and trendy hotels of the Westside, but there are a few establishments here that more than hold their own in the heated competition for business and leisure patrons. The two properties on the bluff in Universal City, adjacent to Universal Studios--the Universal City Hilton and Towers and the Sheraton Universal--outperform the market in occupancy rates and daily room rates.
BUSINESS
June 18, 1999 | STEPHEN GREGORY, SPECIAL TO THE TIMES
Although it fell short of expectations, an ad campaign aimed at generating tourism dollars related to the recent landmark Van Gogh exhibition in Los Angeles sparked $2.6 million in revenue at scores of local hotels, tourism officials said Thursday. The 17-week exhibition at the Los Angeles County Museum of Art accounted for more than 12,000 overnight stays at roughly 100 hotels.
CALIFORNIA | LOCAL
May 6, 1999
The owner of a downtown Los Angeles hotel was given a series of deadlines Wednesday to fix dangerous conditions or face possible jail time, prosecutors said. Los Angeles Municipal Commissioner Kristi Lousteau sentenced Lyndon W. Hong to 100 hours of community service and ordered him to pay $15,805 in fines and costs. Lousteau also placed Hong on three years' probation and ordered him to remedy the code violations at the 100-room St. George Hotel by Oct. 15 or face additional punishment.
CALIFORNIA | LOCAL
March 12, 1999 | KARIMA A. HAYNES
Fresh from a $2.5 million face-lift, the Holiday Inn Express Hotel was rededicated Thursday--more than five years after it was forced to close by the 1994 Northridge earthquake. The 132-room hotel boasts several improvements over its pre-temblor predecessor, including a fitness center, three banquet halls, a marbled front desk and foyer--and 38 steel reinforcement beams, said general manager George Noumer. "Our reopening signifies to the community that we are back," Noumer said.
CALIFORNIA | LOCAL
March 9, 1999 | DAN WEIKEL, TIMES STAFF WRITER
After months of coaxing his aging mother, John Fentis finally persuaded her to sell the California Hotel, a rundown property in San Pedro that she had inherited from her husband in 1992. A Community of Friends, a nonprofit organization that provides housing for mentally ill adults, wanted to buy the hotel for $382,500 and renovate it with federal funds. Financing was arranged and escrow opened in July 1994. Then Los Angeles City Councilman Rudy Svorinich Jr. stepped in.
BUSINESS
February 27, 1999 | JESUS SANCHEZ, TIMES STAFF WRITER
The landmark Century Plaza Hotel & Tower in Los Angeles has been purchased by a Phoenix-based investment group from Japanese sellers in a deal valued at $260 million, representing one of Southern California's most costly hotel sales. The hotel was one of the best-known trophy properties in California acquired by Japanese buyers during a 1980s investment spree. Many of those investments proved to be disasters, although it is unclear whether the current sale is at a loss.
CALIFORNIA | LOCAL
February 7, 1999 | SCOTT GLOVER, TIMES STAFF WRITER
A 22-year-old Saugus man was shot to death early Saturday at a motel after he was apparently mistaken for a gang member during a gang-related attack, Los Angeles police said. Brandon Richard Jaramillo was shot once in the upper torso during the attack at the Good Nite Inn in the 12800 block of Encinitas Avenue, police said. He died at the motel. Another man, who was also shot in the upper body, was in stable condition at an area hospital, said Det. Frank Bishop of the LAPD's Foothill Division.
NEWS
November 30, 1998 | MELINDA FULMER, TIMES STAFF WRITER
One might think that Douglas Goodan and Jean Barclay, the owners of the land under the posh Wyndham Checkers Hotel, would have reaped a fortune from the property, given the inn's pricey rates and prime location in the financial district of downtown Los Angeles. But the brother and sister, who own this one piece of commercial property, are receiving just $2,000 a month from the hotel's operators--the same amount their grandfather got for the property back in 1926.
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