Omni Hotel just sold. The sales price is another symptom, in my opinion, of the lack of success in our Downtown:
Quote....Omni Hotel & Resorts sold the Omni Jacksonville Hotel to LR JAX LLC — a joint venture between Jackson, Wyoming-based Willow Lake Holdings and London + Regional Properties — for $35.1 million, or $99,152 per room.
The purchase price is $17.26 million less than Omni bought the hotel for almost 20 years ago...
https://www.bizjournals.com/jacksonville/news/2021/02/26/omni-jacksonville-hotel-sells-for-35m.html?ana=e_jac_bn_breakingnews_breakingnews&j=90552111&t=Breaking%20News&mkt_tok=NjczLVVXWS0yMjkAAAF7fzu-NXMLfC3c9fWA5Mhz-62RtRGTMmpuq0Q-OfwNBg0xYzFKDxEqnVtNBL0iu_PGA4UzwGYvqb4Y1PL2BsCJ-zT93b8CCZCrOhsZP8OxJ_scAHSsAok (https://www.bizjournals.com/jacksonville/news/2021/02/26/omni-jacksonville-hotel-sells-for-35m.html?ana=e_jac_bn_breakingnews_breakingnews&j=90552111&t=Breaking%20News&mkt_tok=NjczLVVXWS0yMjkAAAF7fzu-NXMLfC3c9fWA5Mhz-62RtRGTMmpuq0Q-OfwNBg0xYzFKDxEqnVtNBL0iu_PGA4UzwGYvqb4Y1PL2BsCJ-zT93b8CCZCrOhsZP8OxJ_scAHSsAok)
This tells me that Downtown is going nowhere fast. Why would investors invest in opportunities that depreciate like this? What does Downtown have going for it today that it didn't have 20 years ago to change this perspective? Where is the realistic, disciplined and thoughtful plan to move Downtown to a point where investors see so much potential to make dollars that they no longer have to request ridiculous amounts of incentives from the taxpayers to move a project forward? I hear crickets.
Separately, it looks like the Omni brand is coming off. Wonder what the next flag will be?
Quote..."Pursuing the potential sale of assets that no longer align with the direction of our brand was a part of our strategy pre-Covid," Omni Hotels & Resorts President Peter Strebel said in a press release at the time....
Lexington... :(
Quote from: jaxlongtimer on February 26, 2021, 05:37:43 PMThis tells me that Downtown is going nowhere fast. Why would investors invest in opportunities that depreciate like this? What does Downtown have going for it today that it didn't have 20 years ago to change this perspective? Where is the realistic, disciplined and thoughtful plan to move Downtown to a point where investors see so much potential to make dollars that they no longer have to request ridiculous amounts of incentives from the taxpayers to move a project forward? I hear crickets.
Hate to say it, but I 100% agree with this.
I've been hoping for downtown Jacksonville to become a hot market since I moved to the city 15 years ago.
But just looking at the existing landscape, I can't bring myself to waste another 15 years hoping for a change that has never looked further off.
As a city, we experienced the greatest period of economic prosperity and urban renewal of our lifetimes, and against all out odds, we actually came out on the other side worse for the wear. We tore down the Landing and drove 30 businesses out of the CBD. We tore down the Courthouse and Annex for another lawn, and fucked up our convention center plans. Almost FIFTEEN YEARS LATER, we're still looking at the half-finished shell of the Berkman II, and even now, city meddling is standing in the way of progress at the site. We had a seat at the table with a Forbes billionaire and an international developer to bring more life and residual development to the northbank, and poor leadership just totally soured what could have been a mutually beneficial relationship.
Shipyards isn't remediated. District is a brownfield. No USS Adams. No Orlock.
A laundry list of historic rehabs we've talking about for a half decade that are either stalled out or require millions of dollars in subsidies to be viable because we're literally just about the only comparable city in the country that can't get our shit together.
The DIA is completely impotent, botching the Ford on Bay RFP, screwing up the LaVilla townhouses, letting the old Greyhound station be illegally converted to a parking lot with no consequence, RAISING parking prices when downtown businesses are struggling, and steadfastly sticking to Curry's plan for the Landing, right down to the stupid Riverfront Plaza name. I respect Lori Boyer, but she moves at a glacial pace and nothing ever comes of her plans. I've been hearing about two-way streets, and Friendship Fountain, and the Times-Union center, etc. for YEARS with no action.
The JTA is full-steam ahead on a clown car idea destined to gimp downtown transportation for years, only stopping to block scooters and bikes from the streets.
I've always felt like the homeless issue was overstated in downtown Jacksonville, but I've never seen more people just laying on the sidewalks zonked out of their minds.
And when the dustle settles, leases come up, and we see where the pandemic left the downtown workforce, I genuinely think it's going to take a decade just to get back to where we were pre-pandemic.
Zodiac was the tipping point for me where I had to emotionally de-invest.
That was a hard one, and so utterly preventable if the city had any idea what it was doing.
As was hearing about some other nonsense that's going on behind the scenes and seeing what's got to be like five different competing groups working in vacuums on radically different plans for downtown.
I go to our offices in places like Atlanta and Nashville and see how vibrant those cities are, and I just don't see a path for Jacksonville to get there in the next 20 years with all the mistakes we've made, and continue to make.
For every positive step forward the private sector makes downtown in good faith, the city finds a way to take two backwards.
Still working downtown five days a week.
Still supporting downtown businesses every lunch and coffee break (check out Back to the Grind on Hogan next to Happy Grilled Cheese; FANTASTIC place, nice dude who runs it, always a line out the door).
Still pestering my local respresentatives and the Council at large about downtown issues.
Hope to be proven wrong, but it doesn't seem like we've got the leadership, cohesive plan, economic climate, or public will to turn this around in the foreseeable future.
When those in charge of revitalizing downtown are patting themselves on the back because fucking Sugar Ray is performing on an empty lawn, in front of a failed hotel, on the ruins of our iconic downtown mall, in 2021, I just can't.
QuoteWhen those in charge of revitalizing downtown are patting themselves on the back because Sugar Ray is performing on an empty lawn, in front a failed hotel, on the ruins of our inconic downtown mall, I just can't.
Or booking New Found Glory and Quad City DJ's.... both have previously played in Downtown Jacksonville in structures that have been blown up. NFG at Mavericks (blown up) and Quad City DJ's at Paradome (blown up).
But Ken, the problem is your negativity.... not the millions of taxpayer dollars wasted, or the people who make good money perpetuating the status quo.
Quote from: fieldafm on February 26, 2021, 08:13:21 PM
QuoteWhen those in charge of revitalizing downtown are patting themselves on the back because Sugar Ray is performing on an empty lawn, in front a failed hotel, on the ruins of our inconic downtown mall, I just can't.
Or booking New Found Glory and Quad City DJ's.... both have previously played in Downtown Jacksonville in structures that have been blown up. NFG at Mavericks (blown up) and Quad City DJ's at Paradome (blown up).
But Ken, the problem is your negativity.... not the millions of taxpayer dollars wasted, or the people who make good money perpetuating the status quo.
It really makes me sad for people like you, and Ron, and Steve Atkins, and VyStar, who genuinely care about downtown and put your own money up in good faith to help move the area forward, only to be hamstrung at every turn by the never-ending bullshit from the city.
It's maddening.
We've got every natural advantage a city could ever hope for, and we can't even pay people to develop downtown or get businesses to relocate here because of garbage leadership and small-town mentality.
Hate to say it but it wasn't that long ago (within a year I'm sure) Melissa Ross (First Coast Connect) had on two former Mayors (one was Delaney) talking about how hot downtown was, especially the waterfront. it was a serious deep pile of shit they were luxuriating in.....
Interesting. So we're seriously talking about giving more than $100 million for a 180 room Four Seasons when a 354 room Omni just sold for $35 million....nearly $20 million less than what Omni paid two decades ago? Maybe I'm off my rocker, but none of this makes any sense.
Wow, it seems like Downtown Jax just can't win.
Quote from: thelakelander on February 26, 2021, 10:07:51 PM
Interesting. So we're seriously talking about giving more than $100 million for a 180 room Four Seasons when a 354 room Omni just sold for $35 million....nearly $20 million less than what Omni paid two decades ago? Maybe I'm off my rocker, but none of this makes any sense.
Its madness, utter madness.
Also agree with Ken, Lori Boyer gets an easy ride, she should thank her lucky stars Curry is there to drain all the attention from her. If she was a football coach she'd have been fired before now. Achieved nothing with no achievements in sight. Not one shovel in the ground. Progress moves at a snails pace and there is never any urgency. Meetings about meetings. The Jacksonville way.
Adecco won't be the last major company to move ops out this market whilst Curry and Boyer are in charge and achieve nothing, IMO. Stagnationville.
I do believe that the revamp of the Downtown Historic Preservation and Revitalization Trust Fund will be transformational for the Northbank. There's a lot behind the scenes that takes time and will play out visually over the next few years. With that said, I wish that would have been a move that happened six years ago, during the height of the boom. Unfortunately, they royally screwed up with the Landing. If the Brown plan would not have been killed, that space would be active by now and anchoring the Northbank during the pandemic. Heck, it would have made the Omni more valuable.
Downtown Jax looks amazing from Lori Boyer's back yard.....
This is not an attack on LB, just sayin all the movers and shakers live a nice distance away, none truly lives downtown, and so they don't have any real skin in the game. At the end of the day they go home to their lovely mansions....etc... which have a great view of the skyline, but not the reality of what downtown is.
Question, if Khan came to city asking for the same $$$ but with proposal for a riverfront master plan that would create a corridor of green space and paths all along the north bank from main street to Commodore Point, and pledging let's say $25M for JAX parks over 10 years to build it, would it be worth it?
Anyway, not surprised to see the Omni being sold. Biz travel's been gutted.
I've been reading these forums for years now. I have to admit TheJaxon is basically an echo chamber for those who are frustrated/fed up with how the COJ has been managed and governed. Truth be told, I agree with about 95% of what is said here regarding our town's failures. So the question then has to be switched to, 'what can be done'?
There are some sharp people in this forum who seem to have a solid grasp of the inner workings of this city. What kind of action is being taken to reverse the stupidity loop we find this city stuck in? Is anyone here running for office soon? We can raise our fists all we want but I'm getting the sense all we are doing here is just agreeing with ourselves. This isn't a knock on anyone here so please do not misunderstand the premise. I am generally curious as to what sort of actions are being taken to put this city back on the right track.
Quote from: fieldafm on February 26, 2021, 08:13:21 PM
QuoteWhen those in charge of revitalizing downtown are patting themselves on the back because Sugar Ray is performing on an empty lawn, in front a failed hotel, on the ruins of our inconic downtown mall, I just can't.
Or booking New Found Glory and Quad City DJ's.... both have previously played in Downtown Jacksonville in structures that have been blown up. NFG at Mavericks (blown up) and Quad City DJ's at Paradome (blown up).
But Ken, the problem is your negativity.... not the millions of taxpayer dollars wasted, or the people who make good money perpetuating the status quo.
(kisses fingers) Bravo!
The interesting thing here is not this one sale per se (as Omni also dumped properties on Dallas, Houston, and a few other thriving markets as Omni is looking to focus more on resort type properties it seems), or for that matter (almost) any single decision downtown. It's the collective body of those decisions that combined, is just awful bad.
Quote from: thelakelander on February 27, 2021, 08:16:19 AM
I do believe that the revamp of the Downtown Historic Preservation and Revitalization Trust Fund will be transformational for the Northbank. There's a lot behind the scenes that takes time and will play out visually over the next few years.
Have to say, much as I would love this to be the case, I 1000% do not believe anything transformational is going to happen on the Northbank (unless there are more buildings to tear down). I was there last month and it was sad but not surprising. There's a reason many of us gave up and left and are trying to convince our families to do the same. I mean... I still have family living in Arlington. ARLINGTON!
Definitely not soon but adaptive reuse takes time. I just wish a move like that would have been done during the Alvin Brown years or in Curry's first term. There would be completed projects by now, considering the pre-Covid real estate boom.
Instead of acknowledging our mistakes, our leaders are spending more time on the defensive attempting to justify the bad decisions that have been made without real public input. For example, in no meetings with the public over the last 20 years was there a sentiment to kick out existing successful businesses and create multiple vacant lots along the riverfront. Yet, we have several on the public teet still justifying poor decisions that set us back another decade.
With that said, I got over downtown being dead after an extended trip to Toronto over 10 years ago. I've accepted that things won't dramatically change there until there's new leadership that implements proven inclusive revitalization strategies that work. We don't have that today, so it's foolish to believe we'll see quick change when we're doing the same old things that have failed for years. In the meantime, I've come to enjoy the grassroots things happening in the surrounding neighborhoods and traveling to vibrant central business districts in other communities.
Quote from: WarDamJagFan on February 28, 2021, 08:34:36 AM
There are some sharp people in this forum who seem to have a solid grasp of the inner workings of this city. What kind of action is being taken to reverse the stupidity loop we find this city stuck in? Is anyone here running for office soon? We can raise our fists all we want but I'm getting the sense all we are doing here is just agreeing with ourselves. This isn't a knock on anyone here so please do not misunderstand the premise. I am generally curious as to what sort of actions are being taken to put this city back on the right track.
I've thought a lot about that. The challenge with politics in this city, especially with its Republican dominance, is that it is largely decided by a relatively small group of very wealthy donors who don't mind the status quo, and it's hard to drive the amount of small individual donations it would take to make a grassroots campaign for say, Mayor, feasible. Not to say it would be
impossible, but it would take a ton of planning and organizing which could very well mean missing this upcoming electoral cycle in 2023 and instead aiming for 2027, if one was brave enough to try. Not to mention the challenge of rallying public opinion from the bully pulpit to actually get things passed. Combined with the relative lack of a "bench" of potential non-establishment candidates for offices like City Council seats, Sheriff, Tax Collector, etc. No matter what it would be an uphill battle to gain the ability to pass what this site talks about.
More about this:
https://www.jaxdailyrecord.com/article/omni-jacksonville-to-be-managed-by-prism-hotels-and-resorts
The more I read about this situation, the less I feel this is really about DT Jax being subpar. Yes, it is, and I recognize that Omni didn't sell their Michigan Avenue hotel in Chicago. BUT: Omni as a chain has been struggling with their non-resort properties for some time. Omni's loyalty program isn't highly sought after, and this is a legit management company that is taking over that manages some high profile properties (read: High Profile isn't always High End).
Clearly this won't be an Omni, and whatever Flag is flying outside the place will demand some cash to be put into the place. The place isn't in terrible shape or anything but could use some TLC. Now, a more structural change to better embrace the street? That would be nice but that may not happen.
I'm excited to see what the new brand will be. I don't expect Prism to make a dramatic change at ground level on their own. That's something that COJ and the DIA would need to pursue and partner with the property owner in the same manner and passion they do for Iguana and Shad Khan.
Quote from: thelakelander on March 05, 2021, 10:28:47 AM
I'm excited to see what the new brand will be. I don't expect Prism to make a dramatic change at ground level on their own. That's something that COJ and the DIA would need to pursue and partner with the property owner in the same manner and passion they do for Iguana and Shad Khan.
I suspect they would if Prism brings another pro franchise to town... :)
Quote from: thelakelander on March 05, 2021, 10:28:47 AM
I'm excited to see what the new brand will be. I don't expect Prism to make a dramatic change at ground level on their own. That's something that COJ and the DIA would need to pursue and partner with the property owner in the same manner and passion they do for Iguana and Shad Khan.
So... next administration, then? Maybe the one after that?
Quote from: BridgeTroll on March 05, 2021, 12:08:17 PM
Quote from: thelakelander on March 05, 2021, 10:28:47 AM
I'm excited to see what the new brand will be. I don't expect Prism to make a dramatic change at ground level on their own. That's something that COJ and the DIA would need to pursue and partner with the property owner in the same manner and passion they do for Iguana and Shad Khan.
I suspect they would if Prism brings another pro franchise to town... :)
LOL!
Quote from: marcuscnelson on March 05, 2021, 12:31:38 PM
Quote from: thelakelander on March 05, 2021, 10:28:47 AM
I'm excited to see what the new brand will be. I don't expect Prism to make a dramatic change at ground level on their own. That's something that COJ and the DIA would need to pursue and partner with the property owner in the same manner and passion they do for Iguana and Shad Khan.
So... next administration, then? Maybe the one after that?
I'm not confident (and don't even know if I'd want them too) with the current administration tackling such an issue. Much of what has been done with the downtown riverfront in recent years has set us back a good generation from our peers. I'm totally fine waiting out two years to address some issues in a much better and inclusive manner.
^ remember - Mr. Curry said we wouldn't recognize downtown by 2023 ;)
^Well he was right. It isn't the same. In 2010, I never would have imagined that by 2021, the Northbank skyline would be smaller than it was in 2000 and that pedestrian scale vibrancy would get worse. Somehow we found a way to defy the odds and burns tens of millions of tax dollars to get there.
Marriott Jacksonville Downtown:
https://www.jaxdailyrecord.com/article/omni-jacksonville-to-become-a-marriott
That works for me!
Honestly, I think this is a better flag for most business travelers and is a win-win for both Marriott and Omni. Omni can concentrate on resort travel (both business and leisure like Amelia Island), as they've dumped their city center properties with the exception of the super large ones, like Chicago and New York. Marriott is, well, Marriott.
Could this have a negative impact on the Laura St Trio? Isn't that hotel to be under the Marriott brand?
No. Autograph Collection is a different Marriott brand. They serve two different market niches.
Quote from: Steve on August 05, 2021, 10:57:54 AM
Marriott Jacksonville Downtown:
https://www.jaxdailyrecord.com/article/omni-jacksonville-to-become-a-marriott
Wow. I hope its successful.
QuoteMarriott also operates the Southbank Hotel at Jacksonville Riverwalk Downtown and the Marriott Jacksonville on Salisbury Road.
I didn't realize Marriott operates the former Sheraton/Radisson/Wyndham/Lexington...whatever, hotel on the Southbank. Doesn't appear to be flagged though under a Marriott brand. What's up with that?
Quote from: jaxlongtimer on August 05, 2021, 09:14:44 PM
QuoteMarriott also operates the Southbank Hotel at Jacksonville Riverwalk Downtown and the Marriott Jacksonville on Salisbury Road.
I didn't realize Marriott operates the former Sheraton/Radisson/Wyndham/Lexington...whatever, hotel on the Southbank. Doesn't appear to be flagged though under a Marriott brand. What's up with that?
It's a shithole so they probably don't want their name attached to it ;D
Quote from: acme54321 on August 05, 2021, 09:37:19 PM
Quote from: jaxlongtimer on August 05, 2021, 09:14:44 PM
QuoteMarriott also operates the Southbank Hotel at Jacksonville Riverwalk Downtown and the Marriott Jacksonville on Salisbury Road.
I didn't realize Marriott operates the former Sheraton/Radisson/Wyndham/Lexington...whatever, hotel on the Southbank. Doesn't appear to be flagged though under a Marriott brand. What's up with that?
It's a shithole so they probably don't want their name attached to it ;D
A shame. When it originally opened as a Sheraton, it was a high end hotel. With its river frontage and parking, it should be able to run as a higher level hotel. I am surprised Related didn't target this property instead of River City Brewing as it offers many more and much greater possibilities. Would have been better for them and the City. As I recall, there was a proposal once to put several high-rise towers on this property but I think it died in the last recession.
The Southbank hotel is part of Marriott, and is under the "Delta Hotels" umbrella for them. I'm not sure I completely get it, though it's a tough time for hotels. I know Marriott has relaxed some brand standards at present, so there may be an interior renovation coming. They just did a ton of work on the place prior to selling, though I think that was largely exterior.
Marriott ownership tends to invest in their properties for brand standard (because Marriott makes them). I bet both of these properties get a significant interior change at some point.
Somehow I am starting to see the old Jacksonville paper mill attitude on this subject. Let's be positive about how a DT Marriott will probably increase DT activity. Marriott guest are very loyal to the brand and are probably tired of staying at the airport, as I did when I lived in ATL. Also please look at the room photos on the Marriott site for the Delta. I believe people are thinking about it was bad 10 years ago.
Delta was renovated a few years ago. I haven't seen the rooms but I have been in the lobby in recent months. It's a lot better now than it was a decade ago.
It's better but still generally crappy and poorly maintained. They didn't even finish with the renovations along the riverwalk. They gave up after completing about 25% of the work on the old storefronts back there.
Quote from: acme54321 on August 06, 2021, 02:30:20 PM
It's better but still generally crappy and poorly maintained. They didn't even finish with the renovations along the riverwalk. They gave up after completing about 25% of the work on the old storefronts back there.
The outbuildings are not owned by the hotel. They are owned by Ramon Llorens. Same guy that owns the parking lot surrounding the hotel property. He also owns quite a bit of land near Blount Island, the surface parking lot next to the Enterprise Center (old Wachovia building and old Omni hotel), the TIAA Bank Building, the old Ford factory at the foot of the Matthews Bridge, and the Greyhound station... which he tore down to build an illegal surface parking lot.
Quote from: jaxlongtimer on August 05, 2021, 10:06:26 PM
Quote from: acme54321 on August 05, 2021, 09:37:19 PM
Quote from: jaxlongtimer on August 05, 2021, 09:14:44 PM
QuoteMarriott also operates the Southbank Hotel at Jacksonville Riverwalk Downtown and the Marriott Jacksonville on Salisbury Road.
I didn't realize Marriott operates the former Sheraton/Radisson/Wyndham/Lexington...whatever, hotel on the Southbank. Doesn't appear to be flagged though under a Marriott brand. What's up with that?
It's a shithole so they probably don't want their name attached to it ;D
A shame. When it originally opened as a Sheraton, it was a high end hotel. With its river frontage and parking, it should be able to run as a higher level hotel. I am surprised Related didn't target this property instead of River City Brewing as it offers many more and much greater possibilities. Would have been better for them and the City. As I recall, there was a proposal once to put several high-rise towers on this property but I think it died in the last recession.
Apples to oranges. The hotel leases the land underneath it. A separate owner owns the large surface parking lot that surrounds the hotel property. He does not want to sell that land.
In the RCBC case, the leaseholder has been wanting to sell for years... and the landowner (COJ) has been wanting to sell the land for longer than that.
I don't get the negativity. Marriott now has a Ritz Carlton, THREE Marriott's, one Autograph(soon to be two), three DT hotels and 42 hotels in the area. I travelled in my business for 30+ years. Many Marriot owners told me that cooperate liked the Jax area. Good mix of leisure and corporate business. According to website the Residence Inn DT is scheduled to open in September.
Quote from: fieldafm on August 06, 2021, 02:35:01 PM
Quote from: acme54321 on August 06, 2021, 02:30:20 PM
It's better but still generally crappy and poorly maintained. They didn't even finish with the renovations along the riverwalk. They gave up after completing about 25% of the work on the old storefronts back there.
The outbuildings are not owned by the hotel. They are owned by Ramon Llorens. Same guy that owns the parking lot surrounding the hotel property. He also owns quite a bit of land near Blount Island, the surface parking lot next to the Enterprise Center (old Wachovia building and old Omni hotel), the TIAA Bank Building, the old Ford factory at the foot of the Matthews Bridge, and the Greyhound station... which he tore down to build an illegal surface parking lot.
Maybe so, but they began renovating them while they were working on the hotel but then stopped while they were partially complete. Looks like crap.
Quote from: jaxjags on August 06, 2021, 03:22:24 PM
I don't get the negativity. Marriott now has a Ritz Carlton, THREE Marriott's, one Autograph(soon to be two), three DT hotels and 42 hotels in the area. I travelled in my business for 30+ years. Many Marriot owners told me that cooperate liked the Jax area. Good mix of leisure and corporate business. According to website the Residence Inn DT is scheduled to open in September.
The Brooklyn Marriott is training staff now and will likely be open before the end of the month.
Agree on negativity.
Quote from: acme54321 on August 06, 2021, 03:38:28 PM
Quote from: fieldafm on August 06, 2021, 02:35:01 PM
Quote from: acme54321 on August 06, 2021, 02:30:20 PM
It's better but still generally crappy and poorly maintained. They didn't even finish with the renovations along the riverwalk. They gave up after completing about 25% of the work on the old storefronts back there.
The outbuildings are not owned by the hotel. They are owned by Ramon Llorens. Same guy that owns the parking lot surrounding the hotel property. He also owns quite a bit of land near Blount Island, the surface parking lot next to the Enterprise Center (old Wachovia building and old Omni hotel), the TIAA Bank Building, the old Ford factory at the foot of the Matthews Bridge, and the Greyhound station... which he tore down to build an illegal surface parking lot.
Maybe so, but they began renovating them while they were working on the hotel but then stopped while they were partially complete. Looks like crap.
Not disagreeing with you, just adding context that the hotel owners have renovated their buildings. The rest of the property is another owner's
maleficence responsibility
Real Hospitality Group owns the Southbank hotel, not Marriott.
Real Hospitality Group operates the Southbank hotel.
Maybe, depending on the franchise setup, they may have to have hire a 3rd party to operate it. Or they have have a few managers that have gone through some Marriott required training.
It's a franchise.
It's a Delta hotel in the Marriott scheme. This is a brand Marriott uses for hotels long in the tooth and gettin' rough where they can collect the franchise fees w/ out - hopefully - sullying the brand image.
No one claimed Marriot owned the Southbank hotel, but thanks for the franchise lesson Captain Obvious.
Marriott only owns a handful of hotels at this point. All are owned and operated by separate companies. This is different than a couple decades ago when Marriott had essentially 2 business units. One owned hotels and one franchised the others.
Quote from: bl8jaxnative on August 10, 2021, 10:07:54 AM
Real Hospitality Group owns the Southbank hotel, not Marriott.
Real Hospitality Group operates the Southbank hotel.
Maybe, depending on the franchise setup, they may have to have hire a 3rd party to operate it. Or they have have a few managers that have gone through some Marriott required training.
It's a franchise.
It's a Delta hotel in the Marriott scheme. This is a brand Marriott uses for hotels long in the tooth and gettin' rough where they can collect the franchise fees w/ out - hopefully - sullying the brand image.
To the point about Marriott owning hotels, I think Marriott is down to less than 10 hotels they own.
Also, Delta is actually a strong brand in Canada. Marriott has bough a lot of brands for a regional footprint-Delta is one they bought for a foothold in Canada.
Interestingly, when I search through the Marriott app for the properly now, Delta doesn't show on this hotel.
Personally, I think it's a temporary thing while the new owners renovate and put a better-fitting Marriott flag.