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re: Nola Four Seasons on the ropes
Posted on 4/18/24 at 3:44 pm to SlidellCajun
Posted on 4/18/24 at 3:44 pm to SlidellCajun
New Orleans just isn’t a city that can take on super high end luxury hotels. Sure, there will be some people that will always be staying there but not in the amount that it needs to stay full.
There just is not enough in New Orleans to draw the amount of people to keep a high end luxury hotel full
There just is not enough in New Orleans to draw the amount of people to keep a high end luxury hotel full
1
Posted on 4/18/24 at 5:37 pm to Privateer 2007
quote:One River Place still does well. Lots of old $ in there.
Who's gonna buy a luxury condo in N.O. ?
Posted on 4/24/24 at 11:58 am to The Boat
quote:
Well you’d have to be a fricking idiot to be able to afford a 19 mil property and spend that money on a property in New Orleans.
I suspect that price is going to drop pretty seriously after release of the news of the financial issues surrounding the building ownership.
Posted on 4/24/24 at 12:18 pm to SlidellCajun
Wish some grown ups would come in and take over New Orleans
shite, add all of La
shite, add all of La
Posted on 4/24/24 at 12:20 pm to SlidellCajun
quote:
If they cannot find restructured financing, it’s possible that they put the entire building up for sale.
Probably as much to do with increased interest rates and banks lack of appetite to refinance commercial real estate. A lot more of this on the horizon.
Posted on 4/24/24 at 12:25 pm to SlidellCajun
The cost to go to the top of that building for the NOLA Vue is $35.
Pretty sure I paid less at Willis Building in Chicago.
Posted on 4/24/24 at 12:31 pm to TheHarahanian
quote:
Pretty sure I paid less at Willis Building in Chicago.
I paid about $35 to go the top of Rockefeller Center in NYC.
Ain't no way I'd pay $35 to go to the top of Four Seasons to look at Algiers.
Posted on 4/24/24 at 12:46 pm to Fat and Happy
quote:
There just is not enough in New Orleans to draw the amount of people to keep a high end luxury hotel full
The AirBNB craze has put the hurt on hotels. Why stay at a hotel like that when me and 20 of my best friends in town for a bachelor party weekend can just rent a house.
Posted on 4/24/24 at 1:21 pm to Art Vandelay
quote:
It’s a beautiful building and the bar is nice
It feels like just a rather average hotel lobby bar to me - just with prices about twice what I would normally expect to pay in an average hotel lobby bar.
Posted on 4/24/24 at 1:27 pm to Eightballjacket
Yall do realize that its not the hotel that is the problem?
its the luxury condos inside. They aren't selling.
its the luxury condos inside. They aren't selling.
Posted on 4/24/24 at 1:31 pm to Fun Bunch
It was all part of the same deal, brah. The hotel would have never been built or financed as a stand-alone. I would suspect it wouldn’t be able to continue operating in its present form as such, unless they figure out how to rectify this portion.
Posted on 4/24/24 at 1:35 pm to Y.A. Tittle
quote:
It feels like just a rather average hotel lobby bar to me - just with prices about twice what I would normally expect to pay in an average hotel lobby bar.
I mean it’s better than average if average is a Hilton garden inn, but I agree with the sentiment.
The lobby is cramped. People walk in expecting luxury which means the brain is expecting bright, tall and open. That lobby doesn’t really deliver.
They should have put the Ms River location on a higher floor and found away to incorporate that space into a larger, open lobby.
And don’t even get me started on the other restaurant with sweeping views that include the back of the river walk. That restaurant needed sight lines well clear of the river walk.
Posted on 4/24/24 at 1:39 pm to ned nederlander
quote:
I mean it’s better than average if average is a Hilton garden inn, but I agree with the sentiment.
I was thinking more just typical Hilton Hilton. It really doesn’t feel anymore special or luxury than that.
Are they still using the ridiculous velvet rope deal to try to “set it apart”? It’s been awhile since I’ve been in there.
Posted on 4/24/24 at 1:57 pm to yellowfin
quote:
it was just too much more expensive than other nice hotels in the area. It’s not worth double the price of Windsor court
Exactly this. We tried to stay there last year, and it was significantly more expensive than Windsor Court for much less space.
I don't know what the prices are running at now, but they were around $800 back when we tried.
Was in Chicago a few weeks ago and looked at staying an extra night in the city at the Four Seasons and it was like $400 or so. I was surprised it would be so much cheaper there than New Orleans. And this was coming off of St Patrick's weekend when Chicago is packed with vacationers.
Posted on 4/24/24 at 2:34 pm to SlidellCajun
quote:
NOLA
Location. Location. Location.
Is a shite hole.
Posted on 4/24/24 at 2:46 pm to danilo
quote:I mulled this statement over for a minute or so.
New Orleans is a dying whore filled with poor dumb fat people
My only observation is that your average, run-of-the -mill poor, dumb, and fat people the world-over should be insulted by this association.
Your should have qualified it with three "reallys".
FIFY:
"New Orleans is a dying whore filled with really poor, really dumb, and really fat people."
Posted on 4/24/24 at 3:15 pm to SlidellCajun
quote:
If they cannot find restructured financing, it’s possible that they put the entire building up for sale.
Is anyone surprised?
Hmmmm....
Is there anyway we could possibly move it out of New Orleans?
Posted on 4/24/24 at 3:22 pm to SlidellCajun
Doesn't Drew Brees have a Penthouse there?
Seems like everything he touches for an investment, turns into a disaster.
Seems like everything he touches for an investment, turns into a disaster.
This post was edited on 4/24/24 at 3:24 pm
Posted on 4/24/24 at 3:50 pm to SlidellCajun
I am a firm believer in the allure of “Four Seasons” from a my experience traveling internationaly for work. But I have to admit this property did not hit the usual marks last time I visited.
This post was edited on 4/24/24 at 3:53 pm
Posted on 4/24/24 at 4:59 pm to Tarps99
The Rome barker wedding?
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