A new Waxhaw Gazette has been published by John Tiley. I hadn't followed the Historic Ventures development particularly closely, but I had thought it was a somewhat reasonable plan. However, John wrote the following:
And what is this about a 60 room hotel? I find that idea so implausible that I can’t really believe there is a hotelier behind it, after all any hotel that we would actually want here in Waxhaw has to be able to maintain a 60% occupancy to remain in business. That means 36 rooms have to be occupied, every night, seven days a week, all year long… here in Waxhaw? I am sorry, but, even in our wildest dreams; there isn’t a hope of generating that many “room nights” in our little town.While I wasn't all that upset about the apartment complex (although I thought it'd be difficult to fill a
As John plainly writes, there is no way a hotel of that size could survive in Waxhaw, so it's inclusion in any redevelopment plan should essentially make that plan DOA as it'd be doomed for failure. It's mere inclusion in a plan should make residents wonder how well thought out the rest of the plan is, unless of course there's some ulterior motive that explains inclusion. Of course, there's this: one should never never attribute to malice that which can be adequately explained by incompetence.
1 comment:
Amazing. That they would even propose such a bad business idea. I am sure any thorough market study would drive out what common sense seems to indicate. Guess they just wanted to level another piece of land and leave it vacant.
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