![]() ![]() ![]() “It was a wonderful afternoon sharing laughs, a little competition and our commitment towards education. “LCAD was honored to support our local community and youth through SchoolPower’s 7th Annual SchoolPower Barefoot Classic, “said LCAD Vice President of Development Jeff Higashi. Photo/Candice Dartezįollowing golf, the party continued on the patio, where golfers and dinner guests gathered for a cocktail reception that included tequila tasting by LALO and live music by Zach Churchill. I look forward to next year and seeing all of the great people and contributing to such a great organization.” Golfers hit the course barefoot with three clubs at the 7th Annual Three Clubs Barefoot Canyon Classic benefiting SchoolPower. “Everyone, from the organizers to the participants, made me feel right at home even though I don’t have a child in the school system. The people, the organization and the venue is bar none,” Laguna Beach resident and golfer Steven Goodman said. “I had an amazing time this year at SchoolPower’s Barefoot Classic. Participants also gave it their best shot at games with exciting prizes, such as aiming for a 15-foot circle to earn a Livel Real Estate Yeti, participating in a chipping contest to win a gift basket compiled by the Ballesteros Group, and trying for a hole-in-one to win a 1-year lease on a BMW from Alexander Imports. As in past years, players tackled some nontraditional shots, including closest ball to the Laguna College of Art and Design (LCAD) statue and putting with inflatable lollipop donuts. The recently sold-out seventh annual Three Clubs Barefoot Canyon Classic, held at The Ranch at Laguna Beach, grossed over $65,000 to support Laguna Beach students through the non-profit, SchoolPower.Įighty-three barefoot golfers started the afternoon’s festivities on May 22 with a friendly nine-hole, four- or five-person scramble competition. Strategic funded the acquisition, in part, through the issuance of 7,347,539 shares of common stock to an affiliated designee of the seller, priced at $13.61 per share, or an implied valuation of $100m.Seventh Annual Three Clubs Barefoot Golf Tournament Sold Out in Record Timeīy LB Indy Staff Laguna Beach Unified School District team Michael Keller, Scott Finn, Denise Selbe and Joe Vidal at the SchoolPower fundraiser. Montage Laguna Beach has a trailing 12 month RevPAR penetration index of 185 times and a 2015 budgeted ADR of nearly $600 and Total RevPAR over $1,000. Montage Hotels & Resorts founder and chief executive officer Alan Fuerstman said: "We are excited to be working with Strategic Hotels & Resorts, who, as one of the leading luxury hotel owners in our business, share our ongoing commitment to the outstanding hospitality established at Montage Laguna Beach over many years." "The Southern California market generally, and the coastal Orange County market specifically, have been among the highest rated markets in the country and are poised to continue their strong growth given the diverse set of demand drivers and no competitive supply in the current pipeline as the result of extremely high barriers to entry." Strategic Hotels & Resorts chairman and chief executive officer Raymond ‘Rip’ Gellein said: "The acquisition is consistent with our strategy of expanding our best-in-class portfolio of irreplaceable and world-class luxury hotels located in North America. "The acquisition is consistent with our strategy of expanding our best-in-class portfolio of irreplaceable and world-class luxury hotels located in North America."
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