the list hotels next issue hospitals pre-pandemic until
TRANSCRIPT
APRIL 26, 2021 SAN FERNANDO VALLEY BUSINESS JOURNAL 19
THE LIST
By KATHERINE TANGALAKIS-LIPPERT Staff Reporter
Hotels in the region are outperforming recovery expectations, spurred by the contin-ued rollout of COVID-19 vaccinations and an increase in vacationing guests, though a full industry recovery isn’t expected for two or more years.
“We are increasingly optimistic about the pace of lodging recovery,” Jeff Lugosi, execu-tive vice president and practice leader of Hotel Advisory at CBRE Group, said in a statement. “Although fundamentals remain well below their 2019 peak, we are seeing a pick-up in cur-rent trends and solid improvement in leading indicators of travel demand.”
Properties on the Business Journal’s list of Hotels have seen early indications of the recov-ery. Tahir Mian, who owns the Hilton Garden Inn in Calabasas, No. 32 on the list, as well as other hotels in Camarillo and Oxnard, called 2020 “a tough year.” Each of his three hotels lost millions of dollars during the closures, but Mian took the down time to renovate his Calabasas hotel and push forward on building a new confererence center in Camarillo.
“Last year was a tough year, no question about that,” he said. “We knew we have to
adjust and we could not keep on doing business the way we were doing it before. … You know, you have to roll with the punches. And the market was different. We as businesspeople, we have to adjust to the times.”
Though Mian’s Homewood Suites by Hil-ton location in Oxnard has almost returned to pre-pandemic levels of occupancy, his Hilton Garden Inn in Calabasas has been slower to recover, with occupancy currently closer to 55 percent. The nightly rates at all his hotels are about 35 percent lower than pre-pandemic pricing.
Mian said his Oxnard hotel’s proximity to Port Hueneme Naval Base as well as new construction of a nearby warehouse by Amazon.com Inc. helped boost occupancy close to 90 percent once restrictions were lifted in January, up from being largely empty during the last year.
“Upper-priced properties will see faster growth in 2021 fueled by easier comparisons and an uptick in business and leisure travel. However, occupancy levels still will trail those of the mid- and lower-tier properties,” Rachael Rothman, head of hotels research for CBRE, said in a statement.
The Business Journal’s list gained a new ho-tel this year with the opening of Residence Inn by Marriott Los Angeles Glendale in October. The 147-room mission style hotel has 190,000 square feet across five stories. It ranks No. 31 on the list.
Plenty of vacancyCBRE forecasts that occupancy in the great-
er L.A. market will outperform average occu-pancy levels at 56.7 percent during the first half of the year, compared to the national 43 percent projected average. Revenue per available room is expected to climb by 16.6 percent this year to $70.46 and occupancy is expected to be back to 79.1 percent in the greater L.A. region by 2024.
“There’s a three-tier sort of hierarchy that hotels use for having business being fully open. One is for tourism, for individual family stays. Then the next is for (business) meet-ings, which will open on June 15, that was the big announcement this week,” Pete Hillan, a spokesperson for the California Hotel and Lodging Association said, referencing Gov.
Gavin Newsom’s plan to fully reopen the state economy by mid-June. “Then, the next ones up are conventions, which are, as you know, very large gatherings. For the state right now, they’re anticipated to come October.”
Revenue per room levels will return to 2019 averages by 2024, according to CBRE’s fore-cast. In general, properties that operate in the lower-priced chain-scale segments will recover sooner than the higher-priced hotels.
The combination of permanent closures and fewer projects starting construction means the number of hotel rooms will grow just 0.9 percent for the year, according to CBRE. The reduction in the traditional lodging supply is one factor supporting enhanced lodging perfor-mance in the second half of this year, as CBRE estimates supply growth will remain below 1 percent through 2023.
Meanwhile, local hiring in the industry has begun to increase in preparation for the June 15 full economic reopening of the state. The 6,000 hotels represented by California Hotel and Lodging Association provided about 235,000 hospitality jobs in the state prior to the pandemic, with more than 122,000 still laid off since last March. As of February, the Los Angeles area alone had more than 7,700 new postings for jobs within the hospitality sector.
“We think it’s going to be a slower ramp up than you expect – it’s not going to be a light switch,” said Hillan. “Our general forecast, up and down the state, varies a little bit by market to market. Our business won’t really return to pre-pandemic until 2024.”
Hotels Take First Steps on Slow Road to RecoveryLIST: Room occupancy has improved, but don’t expect business as usual this year.
Rank Hotel• name
• address
Rooms• total
• suites
• average rate
Largest MeetingRoom• name
• square footage
Hotel Amenities(partial list)
Contacts• sales
• catering
General Manager• name
• phone
1Hilton Los Angeles/Universal City555 Universal Hollywood DriveUniversal City 91608
4959
$251-$300
Sierra Ballroom16,456
AAA 4 Diamond, 24-hr. room service, walking distance toUniversal Studios and City Walk, Café Sierra, swimmingpool, 24-hr. business center, concierge, fitness center
Chelsea CamireMak Jalili
NA(818) 506-2500
2Burbank Airport Marriott2500 Hollywood WayBurbank 91505
48893
151-200
Academy Ballroom15,015
24-hr. business center, airport shuttle, concierge, fitnesscenter, high-speed internet, pool, restaurant
Ken TippieCindi Munemitsu
Alan Tate(818) 843-6000
3Holiday Inn Burbank - Media Center150 E. Angeleno Ave.Burbank 91502
484102
101-150
Exhibit Space4,000
24-hr. business center, airport shuttle, concierge, fitnesscenter, high-speed internet, pool, restaurant
NANA
Edgar Rivera(818) 841-4770
4Warner Center Marriott21850 Oxnard St.Woodland Hills 91367
47411
151-200
Grand Ballroom10,960
Starbucks, flat-panel TVs, pet friendly, kosher kitchen,24-hr. business center, concierge, fitness center, pool
Sedef DulekgurgenOlgunNA
Richard Uribe(818) 887-4800
5Sheraton Universal333 Universal Hollywood DriveUniversal City 91608
46129
201-250
Grand Ballroom10,273
shuttle service to Universal Studios, 24-hr. businesscenter, concierge, fitness center, high-speed internet,pool, restaurant
Christiane AbdennourNA
Chris Tzeng(818) 980-1212
6Hilton Los Angeles North/Glendale100 W. Glenoaks Blvd.Glendale 91202
35113
151-200
Glendale GrandBallroom8,052
lounge, 24-hr. business center, airport shuttle, fitnesscenter, high-speed internet, pool, restaurant
Channa PereraChanna Perera
Rob Weitz(818) 956-5466
7Hilton Woodland Hills/Los Angeles6360 Canoga Ave.Woodland Hills 91367
33021
201-250
Trillium Ballroom5,580
24-hr. business center, concierge, fitness center, high-speed internet, restaurant
Joe SullivanJoe Sullivan
Michael Wilding(818) 595-1000
NA - Not Available Note: Information on this list was provided by the hotels themselves. Hotels are ranked by the numberof rooms. To the best of our knowledge, this information is accurate as of press time. While every effort is made toensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send
corrections or additions to [email protected]. ©2021 San Fernando Valley Business Journal. This list may not bereprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright’s Media(877) 652-5295.
Researched by Joshua Niv
Ranked by number of roomsHOTELS NEXT ISSUE
HospitalsTHE LIST
Continued on page 20
Expansion: Tahir Mian with plans for Camarillo convention center.
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20 SAN FERNANDO VALLEY BUSINESS JOURNAL APRIL 26, 2021
Continued from page 19HOTELS
Rank Hotel• name
• address
Rooms• total
• suites
• average rate
Largest MeetingRoom• name
• square footage
Hotel Amenities(partial list)
Contacts• sales
• catering
General Manager• name
• phone
8Sheraton Agoura Hills Hotel30100 Agoura RoadAgoura Hills 90301
28014
$201-$250
Grand Ballroom5,575
24-hr. business center, concierge, fitness center, high-speed internet, pool, restaurant
Kim CartainoNA
Peter Awad(818) 707-1220
9Embassy Suites by Hilton Los AngelesGlendale800 N. Central Ave.Glendale 91203
272272
151-200
Diamond Ballroom4,960
24-hr. business center, airport shuttle, concierge, fitnesscenter, high-speed internet, pool, restaurant
Teresa PegorariNA
Russ Tanakaya(818) 550-0828
10Four Seasons Hotel Westlake VillageTwo Dole DriveWestlake Village 91362
26939
401-450
Grand Ballroom11,600
24-hr. business center, concierge, fitness center, high-speed internet, pool, restaurant, spa
Stuart BurdetteAmy Semler
Robert Cima(818) 575-3000
11Hyatt Regency Westlake880 S. Westlake Blvd.Westlake Village 91361
26317
201-250
Grand PlazaBallroom7,820
complimentary Wi-Fi, 24-hr. business center, patiorestaurant, concierge, outdoor pool, fitness center, pet-friendly
David BarnettNA
Anthony Salah(805) 557-1234
12Airtel Plaza Hotel & Conference Center7277 Valjean Ave.Van Nuys 91406
26213
101-150
Concorde Ballroom5,400
free Wi-Fi, restaurant/bar/cafe, swimming pool and hottubs, bike path, complimentary shuttle, 24-hr. businesscenter, fitness center, high-speed internet, pool,restaurant
Jennifer PochedlyMarianna Pinerua
Stephen Bohjalian(818) 997-7676
13Garland4222 Vineland Ave.North Hollywood 91602
25712
251-300
Garland Ballroom5,100
complimentary trolley to Universal Studios, Universal CityWalk, and Los Angeles Metro Red Line Station; 24-hr.business center; concierge; fitness center; pool
Manny GarciaOliver Goldsmith
Scott Mills(818) 980-8000
14Hyatt Regency Valencia24500 Town Center DriveValencia 91355
24415
151-200
Grand Ballroom5,684
nearby restaurants, entertainment venues and world-classshopping; 24-hr. business center; concierge; fitnesscenter; high-speed internet; pool; restaurant
Lance DeutschmanJennifer Peterson
Tom Clearwater(661) 799-1234
15Courtyard by Marriott Los Angeles ShermanOaks15433 Ventura Blvd.Sherman Oaks 91403
21317
251-300
Grand Ballroom5,000
rooftop pool, 24-hr. business center, fitness center, high-speed internet, pool, restaurant
Valerie SchmidtKathy Rosales
Adam Isrow(818) 981-5400
16Hilton Garden Inn Burbank Downtown401 S. San Fernando Blvd.Burbank 91502
2099
201-250
Polo Room1,108
24-hr. business center, concierge, fitness center, high-speed internet, pool, restaurant, spa
Ana CitzmanNA
Richard Engelhard(818) 509-7964
17Grand Vista Hotel999 Enchanted WaySimi Valley 93065
1935
101-150
Valley Ballroom4,224
fitness center, pool, restaurant, spa Tawny ByronLea Foulks
Tim Lasure(805) 583-2000
18Sportsmen's Lodge12825 Ventura Blvd.Studio City 91604
19012
151-200
Empire/Regency9,560
high-speed internet, pool, restaurant Szamarne Bell DrurySzamarne Bell Drury
Stephen Chavez(877) 806-2279
19Courtyard Los Angeles Burbank Airport2100 Empire Ave.Burbank 91504
1906
151-200
Empire Ballroom1,426
coin-operated laundry facilities, Sundry Market, whirlpool,24-hr. business center, fitness center, high-speedinternet, pool, restaurant
Linda YonanLinda Yonan
Colleen Langford(818) 843-5500
20Hyatt Place Glendale225 W. Wilson Ave.Glendale 91203
1790
151-200
Meeting Space 1/Meeting Space 21,040
complimentary Wi-Fi, 24-hr. business center, patioconcierge, outdoor pool, fitness center, restaurant
NANA
Janet Tong(747) 272-1710
21Oxford Inn & Suites Lancaster1651 W. Avenue KLancaster 93534
17268
101-150
Meeting Room 118740
evening reception, spa Brianna AlvaradoBrianna Alvarado
Vince Magallanes(661) 949-3423
NA - Not Available Note: Information on this list was provided by the hotels themselves. Hotels are ranked by the numberof rooms. To the best of our knowledge, this information is accurate as of press time. While every effort is made toensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send
corrections or additions to [email protected]. ©2021 San Fernando Valley Business Journal. This list may not bereprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright’s Media(877) 652-5295.
Researched by Joshua Niv
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APRIL 26, 2021 SAN FERNANDO VALLEY BUSINESS JOURNAL 21
HOTELS
Rank Hotel• name
• address
Rooms• total
• suites
• average rate
Largest MeetingRoom• name
• square footage
Hotel Amenities(partial list)
Contacts• sales
• catering
General Manager• name
• phone
22SpringHill Suites L.A. Burbank/Downtown549 S. San Fernando Blvd.Burbank 91502
170170
$201-$250
Event Deck1,815
bar, fitness center, high-speed internet, pool Anyssa MartinezNA
Grace Miame(818) 524-2730
23Residence Inn Burbank Downtown321 S. First St.Burbank 91502
166166
151-200
Take 1 & 21,014
high-speed internet Lindsey CruzNA
Eric Ducat(818) 260-8787
24Residence Inn Los Angeles Westlake Village30950 Russell Ranch RoadWestlake Village 91362
160160
101-150
Meeting Room A440
24-hr. business center, fitness center, pool, restaurant Ken PainterKen Painter
Mitchell Crespi(818) 707-4411
25Embassy Suites Valencia28508 Westinghouse PlaceValencia 91355
156156
151-200
Valencia Ballroom5,148
24-hr. business center, fitness center, high-speedinternet, pool
Memory RudolphCassandra Finch
Billy Dye(661) 257-3111
26Hilton Garden Inn Valencia27710 The Old RoadValencia 91355
1520
101-150
Pacific1,248
24-hr. business center, high-speed internet, pool Danny EfronDanny Efron
Danny Efron(661) 254-8800
27Embassy Suites Palmdale39375 Fifth St. WestPalmdale 93551
150150
201-250
Antelope Valley2,030
24-hr. business center, high-speed internet, pool,restaurant
Jennifer SouthernJennifer Southern
Ron Carter(661) 266-3756
28Palm Garden Hotel495 N. Ventu Park RoadThousand Oaks 91320
1504
101-150
Palm CourtBallroom4,200
fitness center, pool Daniel YanceyNicole Schram
Steven Ortmann(805) 716-4200
29Holiday Inn Palmdale-Lancaster38630 Fifth St. WestPalmdale 93551
1488
101-150
NANA
24-hr. business center, fitness center, high-speedinternet, pool
Alyssa GonzalezJammy Sounbara
Luis Caro(661) 947-8055
30Radisson Hotel Chatsworth9777 Topanga Canyon Blvd.Chatsworth 91311
1486
101-150
Roma1,000
24-hr. business center, fitness center, high-speedinternet, pool, restaurant, spa
Lei CurranPaul Holtum
Arthur Boshnakian(818) 709-7054
31Residence Inn Los Angeles/Glendale199 N Louise St.Glendale 91206
147147
151-200
El Miradero360
24-hr. business center, concierge, fitness center, high-speed internet, pool, restaurant
Michael MetznerNA
Shinoa Wood(818) 244-1000
32Hilton Garden Inn Calabasas24150 Park SorrentoCalabasas 91302
1422
101-150
Garden InnBallroom1,725
24-hr. business center, fitness center, high-speedinternet, pool, restaurant
Marilyn TalaguitNA
Pablo Sanchez(818) 591-2300
33Westlake Village Inn – a Cachet Hotel31943 Agoura RoadWestlake Village 91361
14175
301-350
Provence Room2,860
24-hr. business center, fitness center, pool, restaurant,spa
Maria SolorzanoBriana Foss
Luis Mateo(818) 889-0230
34Ramada by Wyndham Burbank Airport2900 N. San Fernando Blvd.Burbank 91504
1419
101-150
Golden StateBallroom3,685
high-speed internet, pool Emma FreeloveEmma Freelove
Robert Tsay(818) 843-5955
35Courtyard Santa Clarita28523 Westinghouse PlaceSanta Clarita 91355
1406
101-150
Valencia Room600
24-hr. business center, fitness center, high-speedinternet, pool
Desiree WammackDesiree Wammack
Alissa Elhelou(661) 257-3220
NA - Not Available Note: Information on this list was provided by the hotels themselves. Hotels are ranked by the numberof rooms. To the best of our knowledge, this information is accurate as of press time. While every effort is made toensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send
corrections or additions to [email protected]. ©2021 San Fernando Valley Business Journal. This list may not bereprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright’s Media(877) 652-5295.
Researched by Joshua Niv
Continued on page 22
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22 SAN FERNANDO VALLEY BUSINESS JOURNAL APRIL 26, 2021
Continued from page 21HOTELS
Rank Hotel• name
• address
Rooms• total
• suites
• average rate
Largest MeetingRoom• name
• square footage
Hotel Amenities(partial list)
Contacts• sales
• catering
General Manager• name
• phone
36Hotel Amarano322 N. Pass Ave.Burbank 91505
13214
$201-$250
Garden Room950
24-hr. business center, fitness center, high-speedinternet, pool, restaurant
Jeannette VasquezJeanette Vasquez
Peter Kolla(818) 842-8887
37Holiday Inn Express Van Nuys8244 Orion Ave.Van Nuys 91406
1326
151-200
Event Room684
24-hr. business center, fitness center, pool Francis StehmanNA
Ellen Mapue(818) 989-5010
38Courtyard by Marriott Camarillo4994 Verdugo WayCamarillo 93012
1300
101-150
Adolfo Room851
24-hr. business center, fitness center, high-speedinternet, pool
NANA
Mellany Arbues(805) 388-1020
39Hampton Inn Santa Clarita25259 The Old RoadNewhall 91381
1280
101-150
Hampton Room460
fitness center, high-speed internet, pool Desiree WammackNA
Brad Cleveland(661) 253-2400
40Homewood Suites by Hilton Agoura Hills28901 Canwood St.Agoura Hills 91301
125125
101-150
Ventura Room925
shuttle, high-speed internet, pool Jennifer LoveNA
Vincent Singletary(818) 865-1000
41Hampton Inn & Suites Thousand Oaks510 N. Ventu Park RoadThousand Oaks 91320
1250
101-150
Oak Room625
24-hr. business center, fitness center, high-speedinternet, pool
Mary MacchioNA
Mary Morris(805) 375-0376
42Anza Calabasas23627 Calabasas RoadCalabasas 91302
1222
151-200
NANA
24-hr. business center, fitness center, high-speedinternet, pool, restaurant
Tanya FrischNA
Kenneth Clark(818) 222-5300
43La Quinta Inn & Suites - Thousand Oaks1320 Newbury RoadThousand Oaks 91320
1222
101-150
Newbury Room528
fitness center, high-speed internet, pool Bri MunozNA
Zachariah Morris(805) 499-5910
44Courtyard Los Angeles Woodland Hills21101 Ventura Blvd.Woodland Hills 91364
1220
101-150
Conference Room350
fitness center, high-speed internet, pool, restaurant Vivianna ArrendondoNA
Jonathan Rushing(818) 999-2200
45Courtyard Thousand Oaks Ventura1710 Newbury RoadThousand Oaks 91320
1204
101-150
Sherwood Room810
24-hr. business center, high-speed internet Sean BriodyEric Ramirez
Nancy Howard(805) 499-3900
46Holiday Inn Express Santa Clarita27513 Wayne Mills PlaceValencia 91355
11830
101-150
NANA
24-hr. business center, high-speed internet Mary Jo Anne HilarioNA
Karina Winkler(661) 284-2101
47La Quinta Inn Santa Clarita25201 The Old RoadStevenson Ranch 91381
1120
101-150
NANA
24-hr. business center, high-speed internet, pool NANA
Jacqueline Wynters(661) 286-1111
48Hilton Garden Inn Palmdale1309 W. Rancho Vista Blvd.Palmdale 93551
1073
101-150
ConstellationBallroom2,100
24-hr. business center, fitness center, high-speedinternet, pool
Efrain DavidJorge Reyes
Miriam Arreola(661) 998-2000
49Courtyard Ventura Simi Valley191 W. Cochran St.Simi Valley 93065
976
101-150
Main Room1,102
fitness center, high-speed internet, pool Gail SarkisianMelissa Sweica
Fabiane Bodart(805) 915-5000
50Hampton Inn & Suites Glendale114 W. Colorado St.Glendale 91204
9494
101-150
NANA
fitness center, high-speed internet, pool Lucas LopezNA
Art Bedroussian(818) 291-5700
NA - Not Available Note: Information on this list was provided by the hotels themselves. Hotels are ranked by the numberof rooms. To the best of our knowledge, this information is accurate as of press time. While every effort is made toensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send
corrections or additions to [email protected]. ©2021 San Fernando Valley Business Journal. This list may not bereprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright’s Media(877) 652-5295.
Researched by Joshua Niv
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