Old 12-11-2024 | 07:03 AM
  #6984  
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Originally Posted by PilotWombat
I've never understood why the company doesn't buy the office building across Virginia Ave from OC3, tear it down, and build a ~15 story hotel there. Two floors of parking, 3rd floor is a lobby with access to a bridge straight into OC3 and a few restaurants (I imagine a sports bar, a Mexican joint, and a 24 hr Starbucks would be required...), a procedures trainer floor, then like 9-10 floors of Embassy Suite style rooms. Maybe a floor with presidential suites and another with a rooftop restaurant overlooking the campus/airport for wining and dining business interests. Hire Hilton/Westin/Marriott to run the place.

Or buy the Regus business office and do the same thing. Or just outright buy the Rennaissance if they don't want all the construction hassles.

I have to imagine they'd make their money back in just a few years.
​​​​​​Our need for hotel capacity varies widely over time.
Consider 2009 vs 2019 for example. Which requirement do you build for? Some things are better to rent than own.
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