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Canary to join Kimpton’s flock — Deal price puts premium on Santa Barbara hotel market

By   /  Friday, January 20th, 2012  /  Features, Real Estate, Tourism  /  1 Comment

The pending sale of Canary Hotel to Kimpton Hotels & Restaurants is the third major investment in Santa Barbara area hotels over the past six months.

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LoganView Capital launches with $2.4M hotel loan purchase

By   /  Friday, January 20th, 2012  /  Columns, Real Estate  /  Comments Off on LoganView Capital launches with $2.4M hotel loan purchase

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Santa Barbara hotel tax revenue on track for record

By   /  Wednesday, January 18th, 2012  /  Latest news, Tourism, Tri-County Economy  /  Comments Off on Santa Barbara hotel tax revenue on track for record

Thanks to a rebound in tourism, including an influx of foreign visitors, Santa Barbara is on pace to set a record for hotel tax revenue in 2011-12. While the city’s overall sales taxes also are increasing, they’ve not yet rebounded to pre-recession levels, said City Manager Jim Armstrong. He delivered the annual state of the Read More →

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As marathons spring up in region, restaurants and hotels cash in

By   /  Friday, December 23rd, 2011  /  Columns, Tourism  /  Comments Off on As marathons spring up in region, restaurants and hotels cash in

The region’s runners aren’t the only ones rejoicing as another marathon is introduced in San Luis Obispo — hotels and restaurants are perking up, too.

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Editorial: Hotel investors pump cash into South Coast

By   /  Friday, December 2nd, 2011  /  Editorials, Opinion  /  Comments Off on Editorial: Hotel investors pump cash into South Coast

Two of the most financially troubled hotel projects in the region have gotten new funding or new ownership this year.

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Pierpont Inn may switch ownership

By   /  Friday, November 4th, 2011  /  Real Estate, Top Stories, Tourism  /  Comments Off on Pierpont Inn may switch ownership

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Luxury for the locals: New Bacara GM key to resort’s new image

By   /  Friday, October 28th, 2011  /  Features, Tourism  /  Comments Off on Luxury for the locals: New Bacara GM key to resort’s new image

Kathleen Cochran will be tasked with attracting locals and the rich and famous alike to boost sagging occupancy at the Goleta hotel.