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Wednesday, July 23, 2008
A Familiar Name with a New Face - Santa Cruz Dream Inn Open and Ready for Business
Comtex
SAN FRANCISCO, July 23, 2008 /PRNewswire via COMTEX/ ----The legendary Santa Cruz Dream Inn has been transformed into a four-star luxury hotel after an extensive renovation and has re-launched as a Joie de Vivre hotel. Most of the hotel's 165 oceanfront rooms are available this summer. The meeting spaces are on schedule to reopen in spring 2009, along with Aquarius, a new restaurant offering an organic and sustainable menu.
Now that the dream is a reality, the hotel is offering a special summer rate of $239 per night Sundays through Thursdays during July and August based on availability. Considered Santa Cruz's only luxury beachfront hotel, the historic Dream Inn captures the spirit of the central California coast like no other. With Cowell's Beach as its back yard playground, the hotel is conveniently located adjacent to the Santa Cruz wharf and the legendary boardwalk offering myriad attractions, dining, activities and entertainment.
The vision of the Dream Inn was to incorporate the essence of Santa Cruz into the hotel's iconic building. Joie de Vivre utilized a process focused on five words that reflect the personality of the hotel, the local community and guests. The result is an ideal mix of eclectic touches and a natural, laid back atmosphere. Representing the design concepts of Young-at-Heart, Worldly, Eclectic, Organic, Dreamy, the re-designed pool/lounge area overlooks the ocean and offers an extensive pool bar service/menu. Each of the retro-chic rooms feature balconies with dramatic Monterey Bay views, complimentary high-speed wireless Internet, iPod docking stations, flat screen HD TVs, and luxurious Lather bath products.
During a public contest earlier this year, the community was invited to rename the Coast Santa Cruz Hotel. After more than 800 suggestions were received, all strongly recommending the hotel be officially honored with its original name, the decision was made to seek out patented rights to use its original name. "The Santa Cruz Dream Inn is an iconic property that deserves an iconic name and we are pleased that this name relates to our vision for the redesign of the hotel, and fulfills the community's dream as well," said Chip Conley, Founder and CEO of Joie de Vivre.
Working with the city on a recycling and composting program, the hotel is also installing compact fluorescent lighting throughout and has switched to completely biodegradable food containers. Once the entire renovation is complete, the Santa Cruz Dream Inn will be in process to receive Green Certification from the city. One of only five beachfront hotels on the California Coast, the Santa Cruz Dream Inn is located at 175 West Cliff Drive. Visit http://www.jdvhotels.com/hotels/dream or call 831-426-4330.
About Joie de Vivre Hotels
Based in San Francisco, Joie de Vivre Hotels (http://www.jdvhotels.com) is a creative collection of lifestyle businesses. As California's largest independent boutique hotelier, Joie de Vivre encompasses other hospitality businesses such as restaurants and spas. Celebrating more than 20 years of creating dreams, Joie de Vivre Hotels is expanding its California presence in Oakland, Sacramento, San Francisco, Sunnyvale, Huntington Beach and beyond.
SOURCE Joie de Vivre Hotels
http://www.jdvhotels.com
Copyright (C) 2008 PR Newswire. All rights reserved
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No, it's not a dance craze. Contago is a condition of supply and demand, essentially a fancy word to say that prices for items, typically commodities, are cheaper now than they would be at some point down the line.
Anything that¿s sold in the futures market can be in a case of contango. Futures are exactly that: a contract to buy an item or asset at a price in the future. This is the case with oil, with traders buying and selling contracts to acquire a barrel of oil in months down the line. When a market is in contango, spot prices, or the price of a commodity if you were to buy it right now, are lower than forward prices.
Why is that important? Well, it usually tells you the supply of a given commodity is plentiful (since, according to Economics 101, a large supply usually leads to cheap prices).
Incidentally, if you think contango is a mouthful, its opposite condition is known by the equally tongue-tying term backwardation.
