All of the new hotel-hype has been focused on Borgata’s Water Club. Then, whatever energy is left over focuses on the Harrah’s expansion. Yet there is a hotel that is generating quite a buzz. Remarkably, it is not a Casino’s project.
Our expert in the hotel business, Andrew Calvo, has this to say about The Chelsea:
They are setting up The Chelsea to be a nightlife destination and I think its a refreshing change from what’s currently in Atlantic City. Not that I have a problem with Atlantic City’s nightlife (almost every casino has a club, and of course – all serve alcohol throughout the gaming floor) it’s just nice to see an environment that does not revolve around gaming in Atlantic City. It’s a place where people can go and relax and be in a busy, city environment – almost like you’d find in any major city around America. Atlantic City does not currently have that.
We share Mr. Calvo’s excitement for The Chelsea’s opening. That along with Water Club and Harrah’s expansion project are great news for Atlantic City. Despite a decrease in profits last year City development plows ahead. The developers are doing their job. It remains to be seen if the City will accommodate the development with prudent governance, or interfere with development through undue government interference and micromanagement.