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Wilmington City Council selects company for Convention Center hotel

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WILMINGTON, NC (WWAY) -- The Wilmington City council met tonight and one item on the agenda stood out. The convention center hotel selection.

We have the convention center and by all reports it is doing very well. Wilmington is a great destination city with many attractions for convention visitors.

And while the hotel process has been dragging on, the city has been working with the help of consultant Tony Peterman and Atlanta based Strategic Advisory Group.

Mr. Peterman makes the announcement. “There is one team left and that is Harmony Hospitality and we are recommending that the city move forward with negotiation with that company. What can you tell us about Harmony, what kind of hotels do they operate? They have approximately five full service hotels, some beachfront hotels, and some airport hotels. And some limited service hotels as well.”

Wilmington City council voted to accept the recommendation and move ahead with Harmony Hospitality. Under the cities criteria the hotel would be full service with about 200 rooms. Harmony is proposing a Sheraton hotel. If construction begins early next year, the new hotel could open in 2014.

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Convention Center Hotel

I loved the Star News headline that the "City Pursues Latest Hotel Plan". The headline should have read that the city is pursuing it's only hotel plan! I can't figure out why it took a consultant when all the people that backed it have not thru on their promises for a hotel and now they have to deliver something. If this is such a great idea why have so many chains backed out or refused to even bid on it?
As far as all the jobs the convention center has created it is only the convention center management that has gotten good jobs. The majority of the jobs created are low paying service jobs with no benefits.We will be subsidizing this elephant forever.
Has anyone ever noticed how many people involved on the council just happen to be in the commercial real estate business?

THANK

YOU JESUS for the Republican controlled legislature and ANNEXATION LAW REFORM!!!! SOOOOOO happy at the chance of NOT having to pay to subsidize this CRAP! Maybe now, more Wilmingtonians will get out and VOTE!

Convention center Hotel

Sometimes, some really bad people make some very good comments. About 30 years ago, George Wallace said, "A consultant is an unemployed person with a briefcase."

Today a consultant is an unemployed person with a laptop. What is it with city council hiring consultants every time we turn around? Is that not what we pay council for? They should be making the reccomendations.

At least they are employed. Until the next election.

Surprised

There was also $200,000 for a "study" to be performed for future "green spaces."

I really have no idea where you get the idea that the convention center is doing well "by all reports." Give me a call, and I'll give you another perspective.

The total budget for the convention center is up 110% this year. It's about $3M+ in operations cost and $4M+ in debt service. $2.4M of that debt service is interest on the debt. Interest on the debt will total over $50M by the time the bonds are paid off.

The room occupancy tax is not collecting sufficient revenues to cover costs. It is also creating issues with inlet dredging now that there is a federal earmarks ban. The only reason they are able to cover their costs for this year, maybe not next year, is because they're going into a $15M fund that they've set aside for the convention center. It is not self-sustaining.

Also, there's like one even a month. How is that doing well?

For more info, go here:

http://www.fultonforcitycouncil.com/2011/01/convention-center-and-hotel....