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Monday, January 12, 2009

Orange County (CA) luxury hotels facing meetings slump

from the Orange County Business Journal (1/12):

Luxury Hotels Cut Workers as Meetings, Travelers Dip

By Michael Volpe - 1/12/2009
Orange County Business Journal Staff

"The county’s luxury coastal hotels have laid off workers and made other cuts amid a downturn in visitors and corporate events that is shaping up to be worse than after the terrorist attacks of 2001.

The hotels, which overlook the ocean and charge $400 to thousands of dollars a night, have laid off or not hired as planned an estimated 550 workers, according to hotel operators and market watchers." ...

for the complete story

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