Quote Originally Posted by Bham1982 View Post
The B-C renovation made no financial sense. It was, and is, an economic turkey, with low room rates and lethargic residential demand. It's a pretty good metaphor for the wildly exaggerated "downtown boom" meme. If a hotel as grand as this can't get a respectable room rate, and condos can be had for a song, there's still a demand issue.

That doesn't mean it shouldn't have been renovated, though. There's certainly a non-economic argument for restoring this grande dame of hotels. And I'm happy this beautiful structure is in its current shape.
Lol $200-500 per night isn't respectable and low?!?!?!