I can't think of any airline in history that has been successful going outside their core competency and running hotels, although there are several examples of how that doesn't work out well. It's already evident that things are not going according to plan, since the original plan was to sell condos, and the construction cost would be buyer funded.

The best hope for G4 pilots is the airline business is spun off and sold, I think any airline besides Frontier would be good at this point. In anycase, I think you will see a decent number of people leave to other LCCs and Mid-majors next year that nobody would have considered in the past, like Jetblue and Spirit.