Will Aloft hotels bring down property values elsewhere, not just BWI?

Austin (my hometown) recently got an Aloft. It's inside a mall development next to the new (not yet open) Westin.

The Aloft is open, but not very many of their promotions are actually geared toward hotel guests. Instead they apparently hope to draw the drunk, violent locals (so far concentrated around Sixth Street downtown) into the hotel bar.

I wouldn't be very happy if someone got planning permission for a hotel in my neighborhood, and instead opened a nightclub with LADIES NIGHT and SIN NIGHT and HAPPY HOUR and REVERSE HAPPY HOUR and a BIG BASH with MALIBU GIRLS and oh yeah, rooms.