Originally published in the Sierra Sun, 11/29/2024, Written by Eli Ramos

LAKE TAHOE, Calif. – Local company FlyTahoe is pairing with Swedish tech company Candela to bring the first electric flying ferry to the shores of Lake Tahoe. CEO and founder of FlyTahoe Ryan Meinzer anticipates the unique vessel to start business at the end of 2025, but has high hopes for the impacts the Candela P-12 will bring to the Basin.

Meinzer, a self-proclaimed snowboard fanatic and entrepreneur, said, “Tahoe is my favorite place on the planet.” And for the past 15 years, he says he’s seen issues in transit and traffic throughout the Tahoe basin that impact not only commutes, but the clarity of the lake. “I’ve been thinking about solving this problem for a long time.”

Now, he feels the cutting-edge technology that Candela creates makes that solution a reality. “The hydrofoil technology lowers operational expenses and makes this a profitable enterprise. It’s a rare opportunity to be able to combine purpose and profit like this,” said Meinzer.

READ MORE >

Photo credit: Tahoe Daily Tribune

Submitted by Hyatt Regency Lake Tahoe Resort and Spa, 11/26/24

Hyatt Regency Lake Tahoe Resort, Spa and Casino, a spacious resort nestled in the Sierra Nevada Mountains and on the shore of Lake Tahoe, announces its 2024 “Festive” holiday extravaganza. This year’s Festive holiday experience will feature a schedule of events and activities to help travelers make the most of their snow-filled holiday getaway. 

“We are excited to launch our 2024 “Festive” holiday program, transforming our resort into a breathtaking winter wonderland,” said Andrew DeLapp, resort manager at Hyatt Regency Lake Tahoe Resort, Spa and Casino. “Our recreation team offers a wide range of activities to make the most of a winter getaway in North Lake Tahoe. Guests can enjoy everything from family-friendly holiday-themed events to thrilling excursions through snow-covered landscapes.”

Between December 21 and New Years Day, the resort will feature a schedule of holiday activities including gingerbread house and pretzel log cabin making classes, festive bingo, pajama party holiday movie nights, and “Story Time with Mrs. Claus.” The schedule will also provide several activities for adults including Italian wine tastings and a “Taste of the Sierras” guided mixology session.

Throughout Festive, the resort’s on-site Adventure program will feature several activities exploring North Lake Tahoe’s snowy setting. Guests can take the “Snowshoe 101” classes where they will learn the basics of snowshoeing, or take a guided snowshoe excursion to the Chickadee Ridge Trail which features stunning views of the lake and friendly chickadee birds that will eat seed directly from your hand.

The Festive schedule also features several wellness-focused activities including sound bath sessions with Tibetan and Crystal singing bowls, ski recovery yoga, and more. 

On New Year’s Eve, the resort will ring in 2025 with a party at its Cutthroat’s Saloon and a dinner soiree at Lone Eagle Grille. On January 1, guests can start 2025 with an extravagant brunch at Lone Eagle Grille and a polar plunge in the Lake from the resort’s private beach. 

Reservations are required for all activities and are available to reserve 2 weeks prior to the activity date. For full activity details, please use the link: https://uqr.to/HyattAdventures

For more information or to book a getaway to Hyatt Regency Lake Tahoe, please visit HyattRegencyLakeTahoe.com, or call (775) 832-1234.

About Hyatt Regency Lake Tahoe Resort, Spa and Casino

Ideally situated on the pristine shores of North Lake Tahoe, the AAA Four Diamond Award-winning Hyatt Regency Lake Tahoe Resort, Spa and Casino offers majestic lake and mountain views from its 422 guest rooms, including 32 suites and 24 lakeside cottages. The resort epitomizes modern alpine luxury with its exposed wood beams, rich leathers, and granite accents. Guests can enjoy premium amenities such as a private beach with a 275-foot floating pier, a year-round heated lagoon-style pool, two hot tubs, a 25,000 square-foot Grand Lodge Casino, and 65,000 square feet of flexible indoor/outdoor meeting and event space, including the picturesque Lakeside Ballroom, Tahoe’s premier lakeside venue. Additional features include a 20,000 square-foot Stillwater Spa with 16 treatment rooms, multiple restaurants and bars, pet-friendly accommodations, a fully-equipped Hyatt StayFit gym with Peloton bikes, and an on-site Adventure program offering guided activities. Recognized for excellence, the resort has garnered numerous awards including Travel + Leisure’s 500 Best Hotels in the World, Travel + Leisure’s World’s Best in the West Smart Meetings Smart Stars Awards, and U.S. News & World Report’s Best Hotel Awards.

Hyatt Regency Lake Tahoe Resort, Spa and Casino is located on the Nevada side of Lake Tahoe, at 111 Country Club Drive, Incline Village, NV, 89451. For more information, visit HyattRegencyLakeTahoe.com or follow the resort on Facebook or Instagram.

About Hyatt Regency hotels 

The Hyatt Regency brand is a global collection of hotels and resorts found in more than 200 locations in over 40 countries around the world. The depth and breadth of this diverse portfolio, from expansive resorts to urban city centers, is a testament to the brand’s evolutionary spirit. For more than 50 years, the Hyatt Regency brand has championed fresh perspectives and enriching experiences, while its forward-thinking philosophy provides guests with inviting spaces that bring people together and foster a spirit of community. As a hospitality original, Hyatt Regency hotels and resorts are founded on openness—our colleagues consistently serve with open minds and open hearts to deliver unforgettable celebrations, effortless relaxation and notable culinary experiences alongside expert meetings and technology-enabled collaboration. The brand prides itself on an everlasting reputation for insightful care—one that welcomes all people across all countries and cultures, generation after generation.
For more information, please visit hyatt.com

Written and Submitted By David Vomund

Today the five largest U.S. companies are all in the technology sector.  That wasn’t the case in the 1980s.  Back then there was IBM and everyone else.  IBM’s market capitalization was larger than all other companies, not just tech stocks.  It was deemed so secure that at one point its bonds yielded less than U.S. Treasuries!  IBM was untouchable … until it wasn’t.

Sticking with the 1980s, the ten largest stocks included AT&T and Eastman Kodak.  These, too, seemed untouchable but eventually succumbed to competition.  

In the 1990s all but two of the largest worldwide companies were Japanese.  Many in our country feared Japan’s economy would surpass our own.  Not so fast.

In 2000 the second largest company was General Electric.  Twenty-four years later GE’s market-cap still hasn’t recovered from that peak.  Cisco Systems was the third largest and it, too, is below its 2000 high.  AIG was the 14th largest company.  It required a government bailout.

By 2010 Exxon Mobil and Microsoft topped the list of largest companies and both are still doing well.  But that list also included Intel, a company whose stock has fallen 70 percent since 2021 and is near its 2010 level.  

What’s my point?  In each of these time periods investors expected continued dominance from the largest companies.  It was inconceivable that their fates would sour.  But in every historical list there were some companies whose fortunes turned south.  Investors loved Eastman Kodak’s film dominance until the digital camera arrived.  AIG was a financial powerhouse until the financial crisis.

Even Microsoft, which has remained in the list of largest companies for several decades and is the third largest company today, went sideways for 15 years after the internet bubble burst.  They whiffed on the smart phone and promoted Windows Vista.  Ugh.    

Although it seems inconceivable now, there will be a couple of losers on today’s list of largest companies (Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Tesla, Berkshire Hathaway, Broadcom, and Eli Lilly).  Nvidia dominates the AI chip market but others want a slice of that pie.  Apple’s products are known for their unique design and user experience but its profits are only growing about five percent.  Tesla investors believe in ambitious plans of its charismatic CEO.  Which the ten will falter?

As an investor, one shouldn’t look at how companies are doing now because they are all doing well.  The key is to anticipate their future.  Given history, one or two of today’s largest and most successful companies won’t remain dominant.

David Vomund is an Incline Village-based Independent Investment Advisor.  Information is found at www.VomundInvestments.com or by calling 775-832-8555.  Clients hold the positions mentioned in this article.  Past performance does not guarantee future results.  Consult your financial advisor before purchasing any security.

Originally Published in the Tahoe Daily Tribune, 11/26/2024, Written by Brenna O’Boyle

Homewood Mountain Resort’s (HMR) revised master plan proposal will face its first major regulatory hurdle Dec. 11 when the Tahoe Regional Planning Agency’s (TRPA) Advisory Planning Commission reviews the updated application at a public meeting. 

“The TRPA Advisory Planning Commission will review the Homewood Master Plan amendment application and associated documents and consider a recommendation to the Governing Board,” according to the TRPA. “The Board may consider the amendments at a subsequent meeting date to be determined.” 

The resort has submitted most required documentation, including draft plans for public access on page 56. The master plan and public access proposals are subject to modification pending agency review and public input, TRPA’s Special Projects Manager Paul Nielsen wrote in an email. 

READ MORE >

---