whats up with the holiday inn hotel?
i am talking about the hotel at this location
http://maps.google.com/maps?hl=en&biw=1250&bih=607&safe=active&um=1&ie=U...
It has been in that state for years now, is it a financial issue, a structural issue or what?
Don't know about the "other stories" about the place,i've stated the facts. He's asking WAY too much for the property,MUCH more than the market value for the place...
he most be one rich mutawa, its been 7 years now why doesn't he sign a deal with some other hotel or just open his own hotel. does he have to partner with some other company or what?
what are the other stories about it?
Google need to update their maps more regularly is all i can say...the story so far,the building was originally planned as a Holiday Inn but the deal fell through when the (Mutawa) owner refused to allow liquor to be served on the premises so Holiday Inn promptly pulled out of the deal,it was then put on the market for sale but the owner was/is asking WAY more than it's worth,hence why it's still unoccupied...i'm assuming the owner has sufficient financial resources to keep it that way...meanwhile the Holiday Inn i believe has signed up with some other local partners(who will allow liquor to be served!),don't know when it will come up though...
It's not too far from where Rydges used to be. Guess it will be torn down soon for also overlooking the Diwan.