Author Topic: Waldorf Jerusalem sold!  (Read 19449 times)

Offline Dan

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Re: Waldorf Jerusalem sold!
« Reply #20 on: May 09, 2017, 02:15:27 PM »
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Let3

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Waldorf Jerusalem sold!
« Reply #21 on: May 09, 2017, 02:20:53 PM »
Was just told by someone who was told by the GM that its "Fake News"!!! But its possible he himself wasn't informed.
It is false (so far)
Many details may be accurate (I know someone that was negotiating regarding the price and it was in that range, and the owners always told me they can't make a profit with Hilton running it),
But the owner (one of the Reichman's) just told me it is not sold yet...

Online jj1000

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Re: Waldorf Jerusalem sold!
« Reply #22 on: May 09, 2017, 02:24:02 PM »
It is false (so far)
Many details may be accurate (I know someone that was negotiating regarding the price and it was in that range, and the owners always told me they can't make a profit with Hilton running it),
But the owner (one of the Reichman's) just told me it is not sold yet...
That could just mean papers weren't signed yet and someone leaked it early.
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Offline ExGingi

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Re: Waldorf Jerusalem sold!
« Reply #23 on: May 09, 2017, 02:32:42 PM »
I've been waiting over 5 years with bated breath for someone to say that!
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Offline damaxer91

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Re: Waldorf Jerusalem sold!
« Reply #24 on: May 09, 2017, 02:44:39 PM »

Offline Let3

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Re: Waldorf Jerusalem sold!
« Reply #25 on: May 09, 2017, 03:11:06 PM »
That could just mean papers weren't signed yet and someone leaked it early.
True- but they have been in talks with many ppl before and these deals can fall apart easily before it is signed

Offline PlatinumGuy

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Re: Waldorf Jerusalem sold!
« Reply #26 on: May 09, 2017, 03:14:02 PM »
Apparently the new owners are going to rebrand it as a Park Hyatt/St Regis which will be cross redeemable with both SPG/Hyatt

Awesome!

Plus a special arrangement with Elal for Matmid redemptions
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline mochjas

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Re: Waldorf Jerusalem sold!
« Reply #27 on: May 09, 2017, 03:18:52 PM »
Maybe the reichmans should just pay Hilton 10MM and keep the place and start making money

Offline Dan

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Re: Waldorf Jerusalem sold!
« Reply #28 on: May 09, 2017, 03:38:24 PM »
Why is it that chain hotels thrive everywhere except Israel?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline PlatinumGuy

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Re: Waldorf Jerusalem sold!
« Reply #29 on: May 09, 2017, 03:40:05 PM »
Why is it that chain hotels thrive everywhere except Israel?
Who says the WA isn't thriving?

״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline ExGingi

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Re: Waldorf Jerusalem sold!
« Reply #30 on: May 09, 2017, 03:49:52 PM »
Why is it that chain hotels thrive everywhere except Israel?
Maybe because everyone (or at least an overwhelming majority) is Jewish there?
I've been waiting over 5 years with bated breath for someone to say that!
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Offline a good yeshiva bachur

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Re: Waldorf Jerusalem sold!
« Reply #31 on: May 09, 2017, 03:59:23 PM »
Maybe because everyone (or at least an overwhelming majority) is Jewish there?
+1

Offline mochjas

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Re: Waldorf Jerusalem sold!
« Reply #32 on: May 09, 2017, 04:04:02 PM »
+1
what does Jewish have to do with anything? If the hotel is at full occupancy they are compensated at the daily rate. If not then whatever money they are getting from Hilton is a bonus as the room would have been empty. The only thing I could think of is maybe due to lots of complaints after stays and they had to pay out for compensation

Offline Dan

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Re: Waldorf Jerusalem sold!
« Reply #33 on: May 09, 2017, 04:05:35 PM »
Who says the WA isn't thriving?
Why would they be selling and paying extra to remove Hilton?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline a good yeshiva bachur

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Re: Waldorf Jerusalem sold!
« Reply #34 on: May 09, 2017, 04:07:40 PM »
what does Jewish have to do with anything? If the hotel is at full occupancy they are compensated at the daily rate. If not then whatever money they are getting from Hilton is a bonus as the room would have been empty. The only thing I could think of is maybe due to lots of complaints after stays and they had to pay out for compensation
Sounds pretty Jewish

Offline mochjas

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Re: Waldorf Jerusalem sold!
« Reply #35 on: May 09, 2017, 04:25:23 PM »
Well Elal is thriving

Offline Yitz

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Re: Waldorf Jerusalem sold!
« Reply #36 on: May 09, 2017, 04:33:40 PM »

Offline ExGingi

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Re: Waldorf Jerusalem sold!
« Reply #37 on: May 09, 2017, 04:43:56 PM »
Well Elal is thriving
Though Tower Air (which catered mostly to the frum community) failed.
I've been waiting over 5 years with bated breath for someone to say that!
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Re: Waldorf Jerusalem sold!
« Reply #38 on: May 09, 2017, 04:52:42 PM »
Why would they be selling and paying extra to remove Hilton?

They are selling because they are developers and never intended on holding it, just like they sold the residences and didn't keep them

Who says they are removing Hilton?
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Online jj1000

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Re: Waldorf Jerusalem sold!
« Reply #39 on: May 09, 2017, 05:02:34 PM »
They are selling because they are developers and never intended on holding it, just like they sold the residences and didn't keep them

Who says they are removing Hilton?
OP article said that. Everything seems to be rumors so far.
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