With Hospitality Industry Looking Bleaker, Anaheim Focuses On Safely Reopening

May 20, 2020 Joseph Pimentel, Bisnow Los Angeles https://www.bisnow.com/orange-county/news/hotel/anaheims-hospitality-industry-looks-bleak-city-focusing-on-safely-reopening-104489 Before the coronavirus pandemic, the city of Anaheim was slated to embark on another record year. Disneyland’s Star Wars: Galaxy’s Edge had finally completed in January, the city was set to welcome six new hotels this year, the convention center was attracting more events and the...

Montage, Ritz-Carlton Sale Scrapped – Delayed Portfolio Deal Canceled

Montage, Ritz-Carlton Sale Scrapped DELAYED PORTFOLIO DEAL CANCELED By Katie Murar Monday, May 11, 2020 https://www.ocbj.com/news/2020/may/11/montage-ritz-carlton-sale-scrapped/ The blockbuster sale of two Orange County’s poshest resorts has been nixed, following months of delays and discord from both the buyer and seller. Korea’s Mirae Asset Financial Group said last week it is terminating its deal to buy a...

6 California resorts in limbo after Chinese deal to sell collapses

6 California resorts in limbo after Chinese deal to sell collapses China seized hotel owner Anbang two years ago The Orange County Register 05/05/20 6 California resorts in limbo after Chinese deal to sell collapses Who owns six of California’s fanciest resorts? According to numerous media reports, a $5.8 billion deal to sell 15 U.S....