"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."
One of my goals was to have as many members engaged and involved in our club as possible so we launched several new groups and committees.
"We tried it. People love it. It is coming back to the City Council agenda very soon," Mayor Robert Wunderlich promised.
"We delivered with the Waldorf Astoria everything we promised and more. The financial return exceeded the city's estimates," Alagem told the Commission.
One Beverly Hills will offer two hours free public parking and promises to never close the park for private events at the hotel.
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.
The inspiration even extends to the logo for The Beverly Hills Estates, which features a cheery script reminiscent of the Beverly Hills Hotel's emerald-green signage.
"Assuming many of the one-time measures we employed in this year's budget to reduce expenditures are reversed going into next year, we're forecasting an approximate deficit of $4.6 million for next year and just under a million dollars for the following year," said Muir.
"I think that if we can at least meet or exceed the state standards, we will be demonstrating good faith to HCD in our efforts to accommodate to the overriding purpose of the Rena allocation," said Commissioner Thomas Hudnut.
