Worried about Calabasas hotels

Your article about the financial situation of Calabasas (The Acorn, June 4, p. 11) was right on. But I presented a word of caution to the City Council during the public comment period at their meeting on May 27.
A lot has been said about why so many new hotels are being built, but only in general and unsubstantiated terms. So I decided to try to put some meat on the bones of that rhetoric and see what the story really is.
I obtained hotel tax-revenue data from the city for the three existing ho...

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