Mike
Contributor
Well remember too that FA tried to unload that hotel for a while before the refit, so perhaps they are not as confident in the model as they could be.
That doesn't surprise me, Cozumel isn't exactly known for high-end vacationers, and Cozumel has been economically depressed for a long time due to the recession, I'm guessing they had to evaluate the cost/benefits and risk/reward of all the construction costs versus unloading it. The brand is going to pull in some loyal clients who know the brand already (like me) but until things recover more and the market grows in the higher end, they are still going to have to cut into the Palace and the Presidente's business in order to fill their rooms if they truly bring it up to a 4 star property, could be a blood bath and mean some good deals eventually for those who like those other places.
---------- Post added June 27th, 2014 at 08:01 AM ----------
I doubt that Mike is referring to me specifically because I know that I add a certain class that any hotel would gladly embrace.
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That's beautiful Ron. I'm guessing you're got a pair of sandals on with those socks.