After reading this, I have lots of questions and look forward to your comments
Riverboat 'flotel' proposal being mulled over for MacMillan Pier - - Wicked Local Truro
"Columbia Queen" needs to be operating she is the Columbia River's M/V Twilight
As I read it the first thing that went through my mind is who has the kind of money it would take to get a flat-bottomed riverboat to Provincetown? And what are they smoking to think it would be stable lashed to a pier in a bay? The investors must be in Colorado. Last I heard the CQ was in such bad shape she would take a pretty good amount of money to be habitable again. They must need hotel rooms BAD in Provincetown to even consider it!
Travis Vasconcelos;32713 wrote: As I read it the first thing that went through my mind is who has the kind of money it would take to get a flat-bottomed riverboat to Provincetown? And what are they smoking to think it would be stable lashed to a pier in a bay? The investors must be in Colorado. Last I heard the CQ was in such bad shape she would take a pretty good amount of money to be habitable again. They must need hotel rooms BAD in Provincetown to even consider it!
This is close to home for me. Having lived and worked on Cape Cod for a lot of years, I am very familiar with Provincetown. I don't think stability would be much of a problem, Travis, it's not in Provincetown Bay. It's Provincetown Harbor, protected by a very substantial breakwater.
But I just think it's a bad fit for the town. A riverboat in Provincetown Harbor? How about lobster traps at Under the Hill? You see what I mean? Then there's the plumbing to consider. MacMillan wharf is already crowded with excursion boats, whale watchers, pleasure boats. I just can't see it.
????
An awfull lot of work and money for a hotlel. I can't see the idea even being profitable. If it was the west coast maybe???
I worked on the CQ for over 3 years and helped but her into lay up when Majestic folded. The vessel was in very good condition for a Hotel standpoint. Assuming expenses as follows:
1.5 million purchase ( maybe even $1million)
1.0 million heavy lift to Atlantic coast ( just a guess based on what I heard it cost to bring her from Louisiana.)
1.0 million renovation
1.5 million start up capital
$5 million total
divided by 61 cabins= $81,967 per key
Studies for USCG and local authorities re docking requirements, adaptations to code, etc. could add to this.
Not meant to be comprehensive, just a quick snapshot.
By comparison, a new Holiday In Express can expect costs of $60- $60 k per key.
These numbers are way too simplistic and doubtless low.
The Boatel will have no brand affiliation, "plug- in" national marketing, reservations system, etc.