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Tom Shutes gets his wish

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Dave Gilberts Left Peg
January 4, 2024, 7:43pm
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Quoted from Maringer


Could well be right. With interest rates ridiculously high at present (because the BoE is stupidly desperate to drive the country into recession), unless Shutes & Co are self-funding, it will cost them a fortune to borrow the money for construction.

It might be worth sitting on it for a year or two as the BoE will have no option but to cut rates once the recession begins. It just depends how quickly they drop them. Not quickly enough, is my guess.


Here he goes, turning every thread into a political one, just be happy with some good news for once



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Roast Em Bobby
January 4, 2024, 8:00pm
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I honestly don't get it, why would anyone want to build a hotel (or stay in one) in that location with Riby Square and Freemo on its doorstep?
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dapperz fun pub
January 4, 2024, 8:28pm
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Quoted from Roast Em Bobby
I honestly don't get it, why would anyone want to build a hotel (or stay in one) in that location with Riby Square and Freemo on its doorstep?


I agree why would anyone want to stay there? If it’s built and it’s a big if how does it change the dynamics of the dock , for me it doesn’t. Without massive investment it will be a swanky hotel in a shithole much more needs to be done
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jimgtfc
January 4, 2024, 8:46pm
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Several articles on it say the hotels target audience will be contractors for that area, and to be fair most of them currently stay at b&b’s in cleethorpes or St. James hotel, this location would be much better.


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Maringer
January 4, 2024, 9:03pm
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Here he goes, turning every thread into a political one, just be happy with some good news for once



You're not bothered that the BoE is driving the country into recession? Interesting.

It's not actually politics, incidentally. Just ineptitude by those who are supposed to steer the economy. Both the Tories and Reeves are stupid enough to be cheering it on. They are just about as bad as each other.
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bradzmilne
January 4, 2024, 10:33pm
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Quoted from Roast Em Bobby
I honestly don't get it, why would anyone want to build a hotel (or stay in one) in that location with Riby Square and Freemo on its doorstep?


Makes me wonder if something else is in the pipeline.

Sadly, irrelevant of culture significant, the whole area needs knocking down and starting again which would cost serious ££££


Sleep well Icey, Matty and Richard. Keep each other company up there xx

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coddy60
January 5, 2024, 9:51am

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Quoted from Roast Em Bobby
I honestly don't get it, why would anyone want to build a hotel (or stay in one) in that location with Riby Square and Freemo on its doorstep?


Wind farm workers are mostly working on rotations, and lots from away. They won't necessarily move here.
It's similar to the hotels around Aberdeen and Norwich, also Humberside to a lesser extent, airports. They are mostly filled with offshore workers, either contractors who day trip to them, or core workers who are put up the night before they mobilise...
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Knut Anders Fosters Voles
January 5, 2024, 9:56am
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Quoted from coddy60

Wind farm workers are mostly working on rotations,


Well, that is their job
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coddy60
January 5, 2024, 10:06am

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Well, that is their job


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mimma
January 5, 2024, 11:18am
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Certain "ladies" that work around there will rent rooms for a short stay. The rooms could be rented out a couple of times a day. Worth a fortune to them.
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