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AtlasAuthor
October 8, 2020Posted on
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AtlasAuthor
October 8, 2020Posted on
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Hotels, motels struggling in COVID times

https://www.timesheraldonline.com/2020/10/07/hotels-motels-struggling-in-covid-times/ Business is down 30 to 40 percent at one Vallejo establishment By Katy St. Clair | kstclair@timesheraldonline.com | Vallejo Times Herald PUBLISHED: October 7, 2020 at 3:00 p.m. | UPDATED: October 7, 2020 at 6:14 p.m. The COVID-19 pandemic has sent destructive ripples throughout the economy, as the bar, restaurant and hospitality industry has...
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October 8, 2020Posted on
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October 8, 2020Posted on
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Irvine Company’s 1,700 layoffs mostly hit staff at 3 hotels, resorts

https://therealdeal.com/la/2020/10/07/irvine-companys-1700-layoffs-mostly-hit-staff-at-3-hotels-resorts/ Among those were workers at Donald Bren-led firm’s shuttered Hotel Irvine and Fashion Island Hotel TRD LOS ANGELES / October 07, 2020 03:37 PM By Matthew Blake Real estate investment and development juggernaut Irvine Company has laid off 1,700 employees since the coronavirus took hold, with most of those cuts affecting workers at three hotels and resorts in Orange...
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October 8, 2020Posted on
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October 8, 2020Posted on
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Beachfront Hotels Near Los Angeles Play Financial Catch-Up in Pandemic

https://product.costar.com/home/news/shared/1561657411?utm_source=newsletter&utm_medium=email&utm_campaign=personalized&utm_content=p4 Owner of Santa Monica Properties Making Delayed Loan Payments in Tough Climate By Lou Hirsh CoStar News October 7, 2020 | 4:56 P.M. The owner of two prominent beachfront hotels in Santa Monica, California, said the operators caught up on payments on what had been the nation’s biggest newly delinquent loan, following unprecedented challenges for hotels...
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    Atlas Hospitality Group, which specializes in the sale of California hotels, was founded by Alan X. Reay in 1997. Since its inception, Atlas has sold more hotels in the state than any other brokerage firm.

    ATLAS IN THE PRESS
    • Not Just for Families, Anaheim’s New Hotels Will Try to Attract Adults and Upscale Crowd Amid Pandemic October 22, 2020 0 Comments
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