RC owner owns 3 other Singapore hotels: conrad, regent, capella
it is the largest RC, not sure if that is a coincidence or not
singapore is not a super well regarded city for upscale hotels

will not join MR, as they are only RC that has not joined
only 3 RC franchises - montreal, chicago, bvlgari london
first 2 due to trademark, presumably same for london
all other RC are managed, RC manages other bvlgari

marriott allowed many to not participate even entire sub brands
whereas starwood finally had gotten all properties to participate

most revenue/profit from top guests, gross profit from alcohol