business / news / / Santa Ana Orange County Register
Travel to and from Southern California will be split this summer between the haves and the have-nots.
Luxury short-term rentals in Southern California saw a nearly 6% increase in early 2026 bookings.
KEY POINTS
- Daily rates for L.A. luxury rentals are expected to rise 50-60% during the World Cup period.
- Budget hotels and mid-tier motels in California are experiencing increased defaults and bankruptcies statewide.
- Spirit Airlines may cease all operations after a failed rescue deal amid the jet fuel crisis.
- European airlines are cutting flights due to jet fuel shortages from disruptions in the Strait of Hormuz.
COMPANIES
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