• California’s Hyatt House Irvine/John Wayne Airport bought by McWHINNEY

     
    POSTED December 10, 2018
     

Colorado-based McWHINNEY recently purchased the Hyatt House Irvine/John Wayne Airport in Irvine, California. The hospitality-focused real estate developer and investor also owns The Maven Hotel at Dairy Block in downtown Denver, The Elizabeth Hotel in Fort Collins, AC Hotel Portland in Oregon and the Hyatt House Denver Airport Hotel.

The 149-room Hyatt House Irvine/John Wayne Airport opened in December 2017 and features 1,160 square feet of meeting space. The hotel’s amenities include free, property-wide Wi-Fi, a 24-hour market, a fitness center, complimentary breakfast, an outdoor pool and access to grills and fire pits. Hyatt Hotels will continue to manage the property post-purchase.

“McWHINNEY is excited to be adding another Southern California hotel to our hospitality portfolio,” says Chief Investment Officer of Hospitality Dave Johnstone. “This new property offers an extensive list of amenities, including a great central location and free airport shuttle service.”

Hyatt House Irvine/John Wayne’s Central Business District location allows for quick access to Disneyland, Knott’s Berry Farm, Laguna and Newport Beaches and John Wayne Airport.

McWHINNEY was founded in 1991 and has since developed more than 6,000 acres of communities and over 6.5 million square feet of vertical commercial and mixed-use properties in the western United States. The company has offices in Loveland and Denver.

Aventri, a leader in events management software (EMS), recently released ‘The Top 100 Meeting and Event Venues in the United States’ for 2019. The company took the ten top-rated meeting and event cities in the United States and picked the top ten venues in each area, compiling a list of 100 highly-regarded spaces. 

The guide identifies the two most valuable factors in attendee satisfaction as venue location and activities in the host city, followed by capacity, uniqueness and proximity to local attractions.

 

Los Angeles had a record-breaking year for visitor spending and economic impact in 2018. With visitor spending up $1.2 billion since 2017 (5 percent increase) and economic impact up $1.7 billion (4.9 percent increase), this year was the eighth consecutive year of growth in visitation, spending and impact.

 

PCMA will be offering networking opportunities and education sessions for professionals at the 2019 EduCon on June 25-28 in Los Angeles. EduCon provides a more focused and practical approach to learning in smaller-scale, collaborative education sessions, allowing more than 800 business events professionals to network and learn more about the industry.