Several thoughts here:

1. I was wrong...(Carol you can correct me here) PH was NOT involved in a possible SBR merger. It was Hard Rock Cafe. That deal fell though for a couple of reasons (my understanding): Namely it was going to be very difficult for HR to open up a casino on the island without partnering with one of the current "local" Casino owners. Foreign casinos are restricted by law. The second was the drawn out legal battles with the bankruptcy, foreclosure etc.

2. I don't think there will be a swift dramatic shift in SXM's tourist demographic. Reasons being. A. There are many "Cancun" like options around the Caribbean and Gulf. Cheap destinations...all inclusive resorts abound. SXM to me has a different vibe and I just don't see it changing dramatically. B. SXM has a disadvantage as to distance and the "relative" high cost to get there.

3. Planet Hollywood is not awful. I travel frequently for conventions and business and I have spent my fare share at PH (and Hard Rock) in Vegas and their other properties. They are not bad. Yes, it tends to be Kitchy but the service, food accommodations are above average if not great (depends on property)

4. Keep in mind the main goal for any of these "new" developments is to keep their guests ON PROPERTY. They want them to spend their $$$$ with them. Nowhere else. That was a criticism I had with SBR early on. They aren't making money because they have very little incentive for people to stay there on property (dining, drinking etc...). In fact, SBR has made many changes over the years to change that...its a good thing. Point, being many new people may come...however... you may only see them at the airport. If it provides jobs and an uplift to the local economy I am for it.

I could go on here.... but it is still morning and I should be working. Note: my wisdom and logic would be crystal clear on a beach with a cocktail in my hand...as far as I know....


Never walk onto a job site with empty hands. - Source Unknown