While you’re entitled to your opinion, I think Mr. Beng /Hong Leong Group did their due diligence before entering into this project.
He didn’t amass a personal wealth estimated over $7-bil by being stupid and although the property doesn’t have a daily occupancy rate over 90% they are still doing equal to or better then the nearby Conrad.
It’s a quirky property due to its architect, but then again I just left the JW Phu Quoc which is over the top in uniqueness and is doing exceedingly well.
Originally Posted by
hockeyinsider
Personally, I think it will be very interesting to see if this hotel survives. Most of the typical J.W. Marriott guests, judging from commentary here and elsewhere, don't care for the decor of the hotel. It couldn't make it financially as an independent, luxury hotel.