Quote:
Originally Posted by FairHamilton
Perhaps permanent was the wrong word to use, but a minimum 8 months of constant living, surely beats one or two nights at a hotel which could be largely vacant.
By my math the Crowne Plaza was running at about 40% before the McMaster students were put up there during their last term. Do you think a casino which will attract many 'day players' will fill a hotel?
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You are assuming that students at a downtown campus will live downtown as well. I think you will find satellite campus have a demographic that is more a 'day-tripper student' i.e. continuing education/grad students who already live within commuting distance of the satellite campus. After all, the concept of a satellite campus is to attract students that would not want to relocate to the core campus of the institution. Either way, the presence of a student campus downtown will have no impact on hotel vacancy rates.
I guess the question is, which would generate more revenue and create more jobs in the downtown core, a satellite campus or a casino?