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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Top Stories / Comments Off on Moguls lose out on inns
It’s been a rough year for tri-county luxury hotels and the moguls who may or may not still love to own them. In Ventura County, real estate tycoon David Murdock racked up an estimated $78 million in losses operating the Four Seasons Westlake Village, a posh resort for executives. The losses were so steep Murdock Read More →
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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Top Stories / Comments Off on A hard Habit to break
Need a cure for the economic hangover? Try hamburgers. That remedy has been working for The Habit, a tri-county burger chain that’s been putting more and more locations on its plate in recent years and proving that the hamburger is healthy — at least in terms of sales. As the economy has slumped, fast food Read More →
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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Top Stories / Comments Off on Tri-county job losses top 30,000 mark
The tri-county region has lost more than 30,000 jobs in the past two years, with Ventura County suffering the worst declines and Paso Robles potentially leading the way in a slow recovery. With 22,100 fewer jobs on nonfarm payrolls between September 2007 and September 2009, Ventura County has been hit the hardest and may take Read More →
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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Columns / Comments Off on River Oaks Center hopes to lead the way on sustainable certification
Paso Robles-based Estrella Associates, the developer that brought you the River Oaks Golf Course and the River Oaks Hot Springs Spa, received a gold LEED rating on its new office and retail center in Paso Robles. Or it will, anyway. Before breaking ground in March 2008, Estrella jumped through the hoops of precertifying its Read More →
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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Columns / Comments Off on Why SLO may lead the recovery
The Tri-Counties version of The Great Recession began in San Luis Obispo County late in 2006 when house prices started to falter. After three grueling years, what likely will amount to the worst of times for those of us too young to remember the 1930s, likely will end just about now as SLO County sheds Read More →
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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Small Business / Comments Off on Cashing in on a retail trend
If you own a small retail business in a tough economy, every dollar counts. That’s why many small businesses have found that automated teller machines, or ATMs, are quick and easy money-makers. By installing one of the cash-dispensing machines, merchants reap not only the benefits of a small commission every time someone uses it, but Read More →
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By Pacific Coast Business Times Staff / Monday, November 16th, 2009 / Uncategorized / Comments Off on Deals bolster balance sheets at two area banks
One bank went local, and one bank got smaller but sturdier. Two deals recently closed that change the tri-county banking landscape. As of Nov. 11, the Bank of Santa Barbara will answer to group of Santa Barbara investors rather than a Michigan-based parent firm. As of Nov. 6, the parent of Solvang-based Los Padres Bank, Read More →
