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Pismo Beach could get $40M waterfront hotel

By   /  Friday, November 2nd, 2012  /  Central Coast, Real Estate, Top Stories, Tourism  /  Comments Off on Pismo Beach could get $40M waterfront hotel

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Kimpton Hotels veteran set to take Canary under her wing

By   /  Friday, October 26th, 2012  /  Columns, Tourism  /  Comments Off on Kimpton Hotels veteran set to take Canary under her wing

More changes are afoot at Kimpton’s Canary Hotel in downtown Santa Barbara.

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Santa Barbara’s El Prado hotel sold

By   /  Monday, October 15th, 2012  /  Latest news, Real Estate, Tourism  /  Comments Off on Santa Barbara’s El Prado hotel sold

The 68-room El Prado and Days Inn hotel on mid-State Street in Santa Barbara has changed hands. Terms of the deal were not disclosed, but the property was listed at $15.3 million, according to Radius Commercial Real Estate & Investments. A group of South Coast investors purchased the 1601 State St. property with the intention Read More →

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Oxnard Residence Inn by Marriott sold for $23.6M

By   /  Wednesday, October 10th, 2012  /  Latest news  /  Comments Off on Oxnard Residence Inn by Marriott sold for $23.6M

Capping a spree of hotel real estate deals in Ventura County, the Residence Inn by Marriott in Oxnard has changed hands for $23.6 million. Pasadena-based investment company Cavort Properties bought the Residence Inn on Vineyard Avenue next to the River Ridge golf course in a deal that closed on Oct. 1. The hotel, along with Read More →

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Pierpont purchase caps hotel investment spree

By   /  Friday, September 21st, 2012  /  Real Estate, Top Stories, Tourism  /  Comments Off on Pierpont purchase caps hotel investment spree

A Los Angeles County-based hotel management firm is betting more than $30 million on the Ventura County hotel market, with its purchase of the Pierpont Inn & Spa last week bringing the company’s total number of properties in the region to six. Brighton Management, a real estate firm headquartered in Diamond Bar, purchased the historic Read More →

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Resorts bring in new bosses to helm hotels as sales boom

By   /  Monday, September 17th, 2012  /  Top Stories, Tourism  /  Comments Off on Resorts bring in new bosses to helm hotels as sales boom

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Marriotts hope to leave troubles behind under new ownership

By   /  Friday, August 17th, 2012  /  Banking & Finance, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Marriotts hope to leave troubles behind under new ownership

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