"The Planning Commission is unable to recommend whether or not the development agreement is consistent with the general plan, because the commissioners hold the differing views regarding consistency with the general plan and were unable to reach a consensus."
"I just want to make sure that in funding these capital projects, we're not going to short our general services and that we're going to be able to provide services at the level that the community has come to expect," Councilmember Julian Gold said.
"It has facilitated outdoor operations for many businesses throughout town," Laura Biery, Marketing and Economic Sustainability Manager for the city, said of the OpenBH program. "It's included expansions onto sidewalks, parking lots, and some of the favorites, on-street parklets."
"We delivered with the Waldorf Astoria everything we promised and more. The financial return exceeded the city's estimates," Alagem told the Commission.
Each year, the Chamber, in partnership with the city, travels to New York City in the fall and San Francisco in the spring to scout new businesses to bring into Beverly Hills.
According to Luxury Hotel Advisors Co-Founder Carlos Lopes, industry analysts are predicting a return to peak pre-COVID-19 occupancy by 2023. Beverly Hills, however, has a slightly rosier forecast owing to its reputation and high-end offerings, Lopes said, estimating recovery by mid-2022.