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By Dana Olsen / Wednesday, March 21st, 2012 / Latest news / Comments Off on Canary sale finalized
Santa Barbara’s Canary Hotel changed hands on March 22, when Kimpton Hotels & Restaurants finalized an estimated $40 million deal that’s been in the works since January. The private equity branch of the San Francisco-based hotel company acquired the 97-room boutique hotel along with its attached eatery, Coast Restaurant and Bar, Canary general manager Laura Read More →
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By Dana Olsen / Friday, March 16th, 2012 / Latest news, Real Estate, Tourism / Comments Off on It’s a buyers market for hotel investors in the Tri-Counties
For hotel investors looking to break into the market, the Tri-Counties — particularly the southern end of the region — may be the place to turn. The area has seen a boom in hospitality listings over the past year, and it extends beyond high-end, high-profile properties. Ventura’s Clocktower Inn was listed in February for $5 Read More →
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By Editorial Board / Friday, March 9th, 2012 / Editorials, Opinion / Comments Off on Editorial: Hotel tax break puts politics ahead of policy
The proposed decade-long bed-tax rebate is loaded with unintended consequences.
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By Dana Olsen / Friday, March 2nd, 2012 / Features, Real Estate, Tourism / Comments Off on With coming hotel boom, Goleta weighs raising bed tax
Bed taxes in Goleta may be jumping as early as next year if the City Council approves a proposed plan to help raise revenue for the 10-year-old town.
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By Dana Olsen / Friday, February 24th, 2012 / Columns, Tourism / Comments Off on Film industry is a star-studded boost for Santa Barbara hotels
For hotels in Santa Barbara, the annual film festival starts the year off with a kick.
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By Dana Olsen / Friday, February 10th, 2012 / Real Estate, Top Stories, Tourism / 1 Comment
A year after 35 State Street Hotel Partners took over the long-dormant La Entrada project on the waterfront end of Santa Barbara’s State Street, plans to jolt the hotel back to life are right on schedule. The hotel partnership, led by Michael Rosenfeld of Los Angeles-based investment and development company Next Century Associates, bought the Read More →
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