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Study: Cultural organizations pump $124M into region

By   /  Friday, October 12th, 2012  /  Top Stories, Tourism, Tri-County Economy  /  Comments Off on Study: Cultural organizations pump $124M into region

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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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Eagle Castle Winery files for Ch. 11 protection

By   /  Friday, August 31st, 2012  /  Banking & Finance, Law & Goverment, Real Estate, Top Stories, Tourism, Wine & Viticulture  /  Comments Off on Eagle Castle Winery files for Ch. 11 protection

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Visitors bureau cultivates Ojai’s farming feel to boost tourism

By   /  Friday, August 24th, 2012  /  Columns, Tourism  /  Comments Off on Visitors bureau cultivates Ojai’s farming feel to boost tourism

Since Ojai created a visitors bureau almost two years ago, it has seen “phenomenal” increases in its tourism numbers.

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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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$100M Nesbitt hotel portfolio files Chapter 11

By   /  Friday, August 10th, 2012  /  Real Estate, Top Stories, Tourism  /  Comments Off on $100M Nesbitt hotel portfolio files Chapter 11

Santa Barbara hotelier Patrick Nesbitt has placed a portfolio of eight Embassy Suites hotels into Chapter 11 bankruptcy, listing at least $100 million in debts. The bankruptcy filing, which gives Nesbitt’s companies protection from creditors while they restructure their debts, arises from a dispute with a lender over a $187.5 million loan used to refinance Read More →