California sees historic drops in hotel sales

In the second quarter of 2020, California hotel transactions volume dropped 82% year over year, according to Atlas Hospitality Group. https://www.hotelnewsnow.com/Articles/304355/California-sees-historic-drops-in-hotel-sales 10 SEPTEMBER 2020 9:22 AM By  Sean McCracken  and  Bryan Wroten REPORT FROM THE U.S.—The California hotel industry has seen drops in overall transactions volume that are slightly worse than even the depths of the Great Recession,...

L.A. Confidential

How a group of Chinese developers found their way to City Councilman José Huizar, made over L.A.’s downtown, and caused the city’s biggest corruption scandal in decades. BY DAVID BARBOZA — SEPTEMBER 6, 2020 It all began in February 2013, at a dinner in Los Angeles organized by Raymond Chan, an official in charge of...

Napa hotel revenue remains low due to COVID-19 impacts: Sales impacted statewide

https://napavalleyregister.com/business/napa-hotel-revenue-remains-low-due-to-covid-19-impacts-sales-impacted-statewide/article_863ae995-cb4e-5412-add2-08d83f3e8a1c.html Jennifer Huffman     Sep 5, 2020 Due to the COVID-19 pandemic, Napa County and California hotel revenue has dramatically declined, said hotel industry experts. “The tourism industry has a challenging year ahead,” said Michael Lennon, general manager of Calistoga Spa Hot Springs and the new board chair of Visit Napa Valley. From January to...