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Joie De Vivre Hotels
Joie de Vivre Hospitality is a hotel and restaurant company based in San Francisco, California, and the second-largest operator of boutique hotels in the United States. History The company was founded in 1987 by Chip Conley, then 26, after he became "disillusioned" with the corporate real estate market 2½ years out of Stanford Business School. Conley raised $1 million in 1987 to buy the decrepit Phoenix Hotel in San Francisco's Tenderloin neighborhood, where he opened the landmark restaurant Miss Pearl's Jam House with Joey Altman. Conley modeled the name after Esprit, the clothing company then based in San Francisco. Initially targeting traveling rock bands, musicians, and filmmakers, Conley met with travel agents throughout the United States, modeled the hotel's concept after '' Rolling Stone Magazine'', and offered tour managers free massages to induce them to book their bands' stays at the Phoenix. A popular but not financial success, the hotel began to attract natio ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Motel
A motel, also known as a motor hotel, motor inn or motor lodge, is a hotel designed for motorists, usually having each room entered directly from the parking area for motor vehicles rather than through a central lobby. Entering dictionaries after World War II, the word ''motel'', coined as a portmanteau of "motor hotel", originates from the Milestone Mo-Tel of San Luis Obispo, California (now called the Motel Inn of San Luis Obispo), which was built in 1925. The term referred to a type of hotel consisting of a single building of connected rooms whose doors faced a parking lot and in some circumstances, a common area or a series of small cabins with common parking. Motels are often individually owned, though motel chains do exist. As large highway systems began to be developed in the 1920s, long-distance road journeys became more common, and the need for inexpensive, easily accessible overnight accommodation sites close to the main routes led to the growth of the motel conc ...
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Carmel, California
Carmel-by-the-Sea (), often simply called Carmel, is a city in Monterey County, California, United States, founded in 1902 and municipal corporation, incorporated on October 31, 1916. Situated on the Monterey Peninsula, Carmel is known for its natural scenery and rich artistic history. In 1906, the ''San Francisco Call'' devoted a full page to the "artists, writers and poets at Carmel-by-the-Sea", and in 1910 it reported that 60 percent of Carmel's houses were built by citizens who were "devoting their lives to work connected to the aesthetic arts." Early City Councils were dominated by artists, and several of the city's mayors have been poets or actors, including Herbert Heron (writer), Herbert Heron, founder of the Forest Theater, bohemian writer and actor Perry Newberry, and actor-director Clint Eastwood, who served as mayor from 1986 to 1988. The town is known for being dog-friendly, with numerous hotels, restaurants and retail establishments admitting guests with dogs. Carme ...
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Santa Clara, California
Santa Clara (; Spanish for " Saint Clare") is a city in Santa Clara County, California. The city's population was 127,647 at the 2020 census, making it the eighth-most populous city in the Bay Area. Located in the southern Bay Area, the city was founded by the Spanish in 1777 with the establishment of Mission Santa Clara de Asís under the leadership of Junípero Serra. Santa Clara is located in the center of Silicon Valley and is home to the headquarters of companies such as Intel, Advanced Micro Devices, and Nvidia. It is also home to Santa Clara University, the oldest university in California, and Levi's Stadium, the home of the National Football League's San Francisco 49ers, and Cedar Fair's California's Great America Park. Santa Clara is bordered by San Jose on all sides, except for Sunnyvale and Cupertino to the west. History The Tamien tribe of the Ohlone nation of Indigenous Californians have inhabited the area for thousands of years. Spanish period The fir ...
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Hyatt
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. The Hyatt Corporation owned by Isaiah Giles came into being upon purchase of the Hyatt House, at Los Angeles International Airport, on September 27, 1957. In 1969, Hyatt began expanding internationally. Hyatt has grown by developing new properties and through acquisitions, with the biggest growth coming from the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, and Two Roads Hospitality in 2018. In August 2021, Hyatt Hotels Corporation (NYSE: H) acquired Apple Leisure Group (ALG), a luxury resort-management services, travel and hospitality group, from affiliates ...
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Scottsdale, Arizona
, settlement_type = City , named_for = Winfield Scott , image_skyline = , image_seal = Seal of Scottsdale (Arizona).svg , image_blank_emblem = City of Scottsdale Script Logo.svg , nickname = "The West's Most Western Town" (official) , image_map = File:Maricopa County Arizona Incorporated and Unincorporated areas Scottsdale Highlighted 0465000.svg , mapsize = 200x200px , map_caption = Location in Maricopa County, Arizona , mapsize1 = , map_caption1 = , pushpin_map = USA Arizona Maricopa County#USA Arizona#USA , pushpin_label = Scottsdale , pushpin_map_caption = , coordinates = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_name1 = Arizona , subdivision_type2 = County , subdivision ...
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Hotel Carlton, San Francisco
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Jap ...
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Big Sur, California
Big Sur () is a rugged and mountainous section of the Central Coast of California between Carmel and San Simeon, where the Santa Lucia Mountains rise abruptly from the Pacific Ocean. It is frequently praised for its dramatic scenery. Big Sur has been called the "longest and most scenic stretch of undeveloped coastline in the contiguous United States", a sublime "national treasure that demands extraordinary procedures to protect it from development", and "one of the most beautiful coastlines anywhere in the world, an isolated stretch of road, mythic in reputation". The views, redwood forests, hiking, beaches, and other recreational opportunities have made Big Sur a popular destination for visitors from across the world. With 4.5 to 7 million visitors annually, it is among the top tourist destinations in the United States, comparable to Yosemite National Park, but with considerably fewer services, parking, roads, and related infrastructure. The region is often confused with an uni ...
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Capital Call
A capital call (also known as a draw down or a capital commitment) is a legal right of an investment firm or an insurance firm to demand a portion of the money promised to it by an investor. A capital call fund would be the money that had been committed to the fund. The capital call is the act of actually transferring the promised funds to the investment target. A capital call agreement defines capital call terms. For example, when an investor buys into a real estate fund, that fund's managers may wait some time before using the investor's money to buy real estate, either because they are waiting for real estate prices to be favorable, or because they are researching new deals. When they are ready to buy real estate, the fund managers issue a capital call, requiring investors who have committed money to the fund to transfer that money over. The fund might also borrow funds instead of using the investor's money. This allows the fund to benefit from leverage Leverage or leverag ...
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Dot Com Crash
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the ...
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9/11
The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commercial airliners scheduled to travel from the Northeastern United States to California. The hijackers crashed the first two planes into the Twin Towers of the World Trade Center in New York City, and the third plane into the Pentagon (the headquarters of the United States military) in Arlington County, Virginia. The fourth plane was intended to hit a federal government building in Washington, D.C., but crashed in a field following a passenger revolt. The attacks killed nearly 3,000 people and instigated the war on terror. The first impact was that of American Airlines Flight 11. It was crashed into the North Tower of the World Trade Center complex in Lower Manhattan at 8:46 a.m. Seventeen minutes later, at 9:03, the World Trade Center’s Sout ...
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