Quote:
Originally Posted by the Genral
I'm still expecting Virgin to come to Austin and might even had thoughts of a hotel component here, 6X, to possibly be Virgin. But they do like the color red and red is a dominant color feature of their hotels so I don't think that would fly with 6X. I was thinking Intercontinental doesn't have a stake in Austin, if I'm correct, maybe they would be interested if the hotel component isn't too small.
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I was actually thinking Virgin, too. It fits the development, and also what the neighborhood is becoming. I'm guessing the room count will be between 150 and 250, whatever it is.
I'm not convinced Austin would be a good expansion target for Ritz Carlton. We're definitely rich enough, but the money that comes here skews young and indy, and would rather stay in a boutique or home share.
And Genral, the Stephen F Austin on Congress is an Intercon, FYI.