Saturday, December 13, 2008

No Foreclosures at the Fairmont

How is that mortgage payment coming, Americans?

Gonna make it this month?


"Make room for Fairmont; Luxury hotel to open on Battery Wharf in uncertain time for hospitality industry" by Nicole C. Wong, Globe Staff | December 13, 2008

The struggle to bring a luxury hotel to Boston's Battery Wharf comes to an end with a grand opening on Monday, right in the middle of the worst recession since World War II.

It's a tough moment to open a new hotel....

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The Fairmont Battery Wharf, which is still hiring employees, plans to offer a bevy of services including calling guests two weeks before their arrival to confirm flight information to ensure a hotel chauffeur is waiting at Logan International Airport; checking guests in at the hotel's curbside and walking them straight to their rooms; decking out guestrooms with an espresso machine, a reclining leather chair, and a 42-inch flat-screen television that offers 92 channels and streams music, photos, and videos from iPods, laptops, and other consumer electronics. Guests will receive complimentary rides to any Boston or Cambridge destinations in the comfort of a Lexus....

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Also see:


Boston's New Ivory Tower

The Economic Untouchables

The Boston Globe Worships the Wealthy Elite

Only U.S. Elite Need Apply

The Comfortable Class Above It All

Rich Untouched by Real Estate Collapse