Quote:
Originally Posted by FlyingScot
I agree on the math, but that does not change the basic reality--they are selling working class accommodations at upper class prices. So many of their regulars will not be able to step up. The business question is whether they can attract new, wealthier people. Financially, I think they over paid. Personally, I'm sad for the folks who are now priced out.
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Folks who complained about the steep price increases were informed this is now a FIVE STAR Resort. Oh really? It's not exactly The Estate on Winnisquam even if the prices are similar.