Originally Posted by
ElevatorEnthusiast
The other problem with this hotel is that it only covers the bottom 6? floors of a 100+ floor tower. It's so bizarre to me how hotels in of the US are often placed on the bottom of skyscrapers, rather than near the top (Four Seasons Philadelphia and Intercontinental Grand Wilshire excluded). Head to Asia where the breakfasts are grand and the rooms are on tops of skyscrapers.
Originally Posted by
James Luckard
I think the press release said the hotel is the bottom 11 floors of the tower, but still, same idea. They clearly give preference to the condos and the hotel seems like an afterthought.
This is sadly common in the US for new development luxury urban properties. Even hotels that aren’t built under huge condo towers reserve their penthouse and some other top floors for branded residences (ie Aman NY). It is just more efficient for developers as views in condos seem to command better premiums than views in hotel rooms do. For buildings that aren’t immediately obstructed (ie Langham NY), I don’t mind it too much. For other properties that are completely obstructed (Park Hyatt NY), it really devalues then”luxury” appeal of the property IMHO.
So many of these new hotel developments are condo first and hotel second. It is a sign of the times I guess. The CEO of Four Seasons is really pleased with all of this lol.