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San Diego campgrounds, hotels fully booked for Memorial Day weekend

Sewer, refuse fees to increase for city residents

Sewer, refuse fees to increase for city residents By Doug Keeler Midway Driller Editor dkeeler@taftmidwaydriller.com @midwaydriller Taft Midway Driller Sewer and refuse fees are going up for homeowners and business owners in the city after the Taft City council approved a series of rate hikes last week. The increases were recommended by a rate study conducted by city staff and HF&H Consultants LLC are designed to keep the sewer and refuse funds self-sufficient, according to city staff. The increase will affect 2,257 properties in the city. The new fee schedule for sewer service and trash pickup For single-family residences, fees will be $67.91 in fiscal year 2021-22, rising to $89.27 in 2024-25.

Blackstone, Starwood to Buy Hotel Operator for $6 Billion

(Bloomberg) Blackstone Group Inc. and Starwood Capital Group agreed to buy Extended Stay America Inc., an operator of hotels and motels, for about $6 billion, betting the industry will recover as progress in fighting the Covid-19 pandemic accelerates.The two private-equity giants, whose past bets on hotels have helped shape the modern hospitality industry, are paying $19.50 per share for the hotel company, a roughly 15% premium over Extended Stay’s closing price on Friday, according to a statement on Monday.Extended Stay’s shares were up 13% at $19.15 as of 9:48 a.m. in New York.The deal would be largest hotel industry transaction since the Covid-19 pandemic decimated the global travel industry. It comes as vaccination campaigns are seeding a travel recovery that industry analysts argue could begin bearing fruit later this year.While leisure travel is widely expected to bounce back fastest, the wager on Extended Stay demonstrates confidence that a broader economic reviv

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