In the News 2013-2014

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In the News 2013-2014 In The News 2013-2014 page 2 The New York Times, March 2014 page 4 Lodging, April 2014 page 7 Travel + Leisure, March 2014 page 11 Business Traveler, March 2014 page 16 Orange County Business Journal, February 2014 page 19 The New York Times, November 2013 page 21 Business Traveler, May 2014 page 24 HotelNewsNow.com, February 2014 page 29 Travel Weekly, November 2013 page 33 HOTELS, May 2014 For more please visit: preferredhotelgroup.com/press-center/news The New York Times March 2014 “Loyalty Programs For One-of-a-Kind Hotels” BY: JULIE WEED page 2 Lodging April 2014 “Checking In: Lindsey Ueberroth” BY: MEGAN SULLIVAN page 4 Travel + Leisure March 2014 “Hotel Brands 101” BY: ANDREW SESSA page 7 Business Traveler March 2014 “It’s a Great Pleasure” BY: NINA LEMKE page 11 Orange County Business Journal February 2014 “Preferred Outcome” BY: KARI HAMANAKA page 16 CONEJO VALLEY SIMI VALLEY SAN FERNANDO CALABASAS AGOURA HILLS ANTELOPE VALLEY CONEJO VALLEY SIMI VALLEY SAN FERNANDO CALABASAS AGOURA HILLS ANTELOPE VALLEY 2.17.14 front_Layout 1 2/14/14 11:06 AM Page 1 ocbj.com ORANGE COUNTY BUSINESS JOURNAL TM $1.50 VOL. 37 NO. 7 THE COMMUNITY OF BUSINESS FEBRUARY 17-23, 2014 WEALTH MANAGEMENT Broadcom Aims for Qualcomm Stronghold TECHNOLOGY: Set to debut chips for 4G in Samsung phone By CHRIS CASACCHIA Broadcom Corp. ’s long- awaited push into the developing LTE smartphone market is under way. GenSpring Gproawgs e 14 The Irvine-based company last week announced Microsemi’s that it began Lindsey and Casey Ueberroth at Newport Center: she took on chief executive duties last New Line PHILANTHROPY week, he’s senior vice president of marketing shipping two Page 3 Kamdar: “we chips to power will become the the latest stan - only alternative” dard of wireless communication, to San Diego- Preferred Outcome based rival commonly referred to as 4G con - Ł Marketing Programs Behind Growth of Broadcom 12 Service Provider for Independent Hotels By KARI HAMANAKA overnight. T Hotels need to score at least 80% to make A Powerful Dopnaagtioen 17 Kiani’s Patient Safety Bid Preferred Hotel Group ’s 1,600-point the grade and join the company’s growing hotel inspection is intense. roster of upscale independent hotels in the Gains Look of Movement ADVERTISING It counts how many times a phone rings U.S. and around the world. Preferred now before it’s answered and tracks whether an has relationships with 650 properties, rang - HEALTHCARE: More companies, Gallery of Fine Homes article of clothing left behind by customers ing from boutiques to resorts, that specialize Ł PAGES A-18 A-25 get sent back to them via snail mail or Preferred 84 hospitals join Masimo-led initiative – By VITA REED Excellence in Entrepreneurship Awards PAGES B-27 B-65 More companies and hospitals – are being drawn to the patient Engineering Week Roundtable safety movement spearheaded by PAGES C-67 C-72 the chief executive of Irvine- – based patient monitor maker Investment Properties Masimo Corp. PAGES 76 77 Some 30 device makers are – now part of the effort to stop the Kiani: cam - Business Services .........78, 81, 82 estimated 200,000 American hos - paign to share Executive Suites ..............79 80 pital patient deaths each year data “should OC Law Guide ........................–83 from infections and other compli - transcend cations that start with hospital competition” Ł Masimo 86 MAIL TO: $250M Worth of Deals Website: lays claim to American, international versions of game Bring New Life to Central OC ‘Zombies’ Friedman’s New Gooaaalll!!! REAL ESTATE: Starwood, CIM, Auction.com Co-Owner Fires Up Football.com Torchlight buy into office recovery By MEDIHA DIMARTINO founder of Three Point Productions By MARK MUELLER LLC in Irvine, the business entity Robert Friedman didn’t sink behind the website. “My small goal There’s a new set of owners overseeing four of much into football.com—a 1994 bar - is to help America win the World the most prominent office buildings on the skyline gain at $70. Cup, my large goal is to become a of Orange and Anaheim following a series of sales That doesn’t mean he’s discount - hub of (the) football universe for that reached about $250 million combined. ing the domain name’s poten - the planet.” The four buildings—City Tower, 500 Orange tial now, though. Friedman knows Tower, Stadium Towers Plaza and 3800 Chap - “It’s a pretty valuable something about the man—were snapped up by a trio of out-of-town in - piece of Internet real es - value of the right do - stitutional investors who appear confident about the Ł Ł tate,” said Friedman, Friedman: paid $70 for domain name in 1994 Football 86 Central OC 78 2.17.14 front_Layout 1 2/14/14 10:53 AM Page 4 84 ORANGE COUNTY BUSINESS JOURNAL Local breaking news: www.ocbj.com FEBRUARY 17, 2014 COURTESY OF HOTEL IRVINE lines for participants on how to accommodate guests from China. Ł There also was the rollout of Preferred Fan - Prfreomf peagre r1 ed tasy Golf Challenge, an interactive game in unique experiences for travel lovers and where people play for a chance to win weekly road warriors alike. trips to golf resorts around the world. The Business Journal estimates Preferred— Preferred also added sales and marketing with executive offices in Newport Beach, executives in its various offices around the where it has about 40 workers—gets about world to accommodate growth in places such $70 million in annual revenue by providing as China, Brazil and the Middle East. marketing, sales and operational support to Casey called the raft of initiatives the “per - member hotels. It doesn’t directly manage any fect storm” for the company and its brand as of them and instead offers itself as an um - it looks to elevate itself in the marketplace and brella brand that helps boutiques retain and get more people to understand Preferred and add customers. Additional support comes what it does. from the company’s largest office in Chicago, “I think we’re only getting better and better with about 65 people, along with others about sharing that story,” he said. “We’ve around the globe. been doing this 10 years as a family, and it’s like we’re just finding a really pure gallop Uniqueness right now.” Being unique is key, as Preferred—under It’s a nice feeling for a hotel company newly appointed Chief Executive and Presi - run by avid travelers, with Casey and Lind-sey dent Lindsey Ueberroth —and the rest of the Hotel Irvine Jamboree Center: went from Hyatt brand to independent, joined Preferred’s roster having “grown up on airplanes,” he hotel industry scramble to keep up with shifts of 650 hotels and resorts throughout U.S., world said. in how people want to travel. Beach-based developer Irvine Company . The younger Ueberroths believe growth is That love for travel drives a companywide The trend is toward customizable experi - The Waldorf-Astoria in Naples, Fla., con - in the cards if Preferred continues to focus on desire to be at the forefront when it comes to ences that go well beyond sitting in tour buses verted to Edgewater Beach Hotel . an aspect of the business it has been hitting consumer travel trends. and sleeping at chain hotels. And a Crowne Plaza in Beijing went in - particularly hard over the past couple of “One thing that we continue to really pay “If you just look at 10 years ago, the way dependent as the V-Continent Beijing years: elevating its brand through more mar - close attention to is what’s happening in the that people shopped for travel was very dif - Parkview Wuzhou Hotel . keting plays. world of technology and online,” Lindsey ferent, with all these review sites and ways for Preferred has a hard sell to prospective said. “What are the things that consumers are a consumer to really look at how good is a members: The company said it helped drive iPrefer gravitating towards to make it easier for them hotel,” said Lindsey, who was named to the members’ revenue up 14% in 2013 compared The big one was the iPrefer loyalty points to book and create that transparency and then top spot last week. “Before, it was, ‘I’m going with the year prior, to $834 million. Bookings program launched about six months ago. experiences? How do you get into food and to stay at a chain because I know it’s going to for member hotels grew 17% last year, while Travelers earn points from participating wine or the arts or these other affinities that be the same regardless. Now, there’s this wave average daily rates rose 6%. Preferred hotels—up to 465 hotels now—and the traveler now wants?” of consumers that have a lot of confidence in The $122.46 billion U.S. hotel industry can exchange them for reward certificates Part of that includes changes to the com - the independent hotel world, and that’s what grew 6.2% last year, according to Henderson - that can be used as currency at member prop - pany’s website that shift how Preferred they’re craving.” ville, Tenn.-based industry researcher STR erties. “talks” to consumers. Industry jargon such as It’s akin to using Yelp to find an authentic Global . The average daily rate in the U.S. There are two sides to why the program “destination” has been removed from the Indian food restaurant when in London, added rose 3.9% to $110.35. makes sense, said Lindsey, who recalled her website and replaced with “hotels & resorts.” Lindsey’s brother and Senior Vice President Lindsey and Casey’s parents, Gail and days at Andersen Consulting —now Accen - Search results are easier to view with a new of Marketing Casey Ueberroth .
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