Like I said everyone has their price and that includes the renegades. No one in their right mind will watch an investment go down the drain. They obviously feel a sell off to a hotel group is their best bet and that gamble may backfire if there is no interest in buying the property. Unless the potential buyer (deep pockets) is naturist oriented kiss this c/o beach goodbye.
Again, I hope I'm VERY WRONG but it seems bankruptcy is just a matter of time.