“I woke up and everything was different,” said Frank Ostini, owner of The Hitching Post II. “Reservation requests at the restaurant literally tripled and we’ve never looked back.”
California’s production of wine grapes is likely to decline this year after record yields in 2012 and 2013, but it’s uncertain whether the booming Central Coast will join in the slide.
By Henry Dubroff / Friday, April 11th, 2014 / Columns, Opinion / Comments Off on Paso Robles wine pioneer sets out in pursuit of the $100 bottle
Paso Robles winemaker Daniel Daou is pursuing the holy grail of California vintners: A cabernet sauvignon or Bordeaux that can reliably fetch $100 a bottle.
On the morning of Sept. 11, 2001, Peter Work and wife Rebecca watched from the Newark, N.J., Airport as the twin towers of the World Trade Center went crashing down in a cloud of dust and debris.
Templar Capital does asset-based lending and recently launched Vintners Capital, a lending arm that caters specifically to wine-related businesses by lending against wine-club subscriptions and equipment, along with other collateral.
Richard Sanford, free of a crushing debt burden, says he is excited about the future of Alma Rosa Winery and Vineyards and his role there, even though he has lost ownership.
A hotel development frenzy in Paso Robles could double the number of rooms in town over the next 10 years, a figure that already has seen twofold growth since 2000 as wineries flourish.