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O.C. hotels cash in on a better economy

2015-05-07 03:41:47| Semiconductors - Topix.net

Orange County's hotel industry expanded in the first quarter of this year, with increases in occupancy and revenue, according to STR Inc., a hotel tracking firm. The bump is due to an improving economy, more business and leisure travel, a shortage of new hotels and an influx of Chinese tourists, according to Lukas Hartwich, a senior analyst at Newport-Beach based real estate research firm Green Street Advisors.

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