Huerrita, that was <Sarcasm>. Marriott would only be the "manager" if it ever would exist. Using the Marriott name is in my opinion disingenuous at best and at worst an attempt at fraud for other sales exploits.
For the Record, I never expect one cruise ship with more that 200 persons ever to dock in RP.
I never expect P.Bay to see the light of day. I never expect "casino" Licenses be issued.
I expect a slow deterioration in Sandy beach as funds and debt slowly strangle the condo craze as reality sets in. Unpaid taxes and HOA fees in will continue to soar, and capital sales continue to plunge.
How is that? :ugeek:
:-D
I did say "Marriott will brand and manage the hotel, but will not own it."
I don't think that's either disengenuous or fraudulent, particularly since Marriott itself has openly said they won't own it. It's very common for hotel companies to "brand" hotels and manage them. It gives them a nice profit without the risks incurred by owning the properties, and gives the owners of the properties the benefit of having a recognized brand to attract guests. I'd bet that Marriott, Starwood (Sheraton, Westin, etc.) manage more hotels than they own, by a long shot.
Wyndham has branded the Mayan Palace, for instance, and I don't think they even manage it. Just put their name on it; good for Wyndham, good for Mayan (at least in theory).
Now, if it were a condo project rather than a hotel, and sales people were letting potential owners believe that Marriott owned it, that would be another story...
I don't expect to see any cruise ships any time soon, either. And if they do come, they'll probably have to anchor offshore in deeper water and use tenders to ferry passengers ashore. They do that in an awful lot of places and it works just fine.
I hope you're wrong about what will happen to Sandy Beach; that wouldn't be good for RP. But even if you ARE wrong, I think it will be at least another decade before life really starts to come back to that development.
