Please help me decide what to do with a failing resort...

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Entry posted by 1131989 · February 20, 2015

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Named after the richest man ever, King Mansa Musa of northern Mali, the Mansa Musa Beach Resort was developed in one of my cities as an attempt to attract affluent (especially Russian) tourists. It melds traditional Northern Malian architecture with modern amenities for the up-and-rising oligarch. However, the current Ukraine crisis has hit it hard, with sanctions and a falling ruble pushing it deep into the red.

It unfortunately is currently in the red, losing thousands of euros per month. Although some parcels have been redeveloped with "pencil" condo and timeshare towers,

we are currently soliciting proposals to redevelop it. Bidders include:

The Seminole Tribe of Florida (USA)

Pluses: In spite of their name, they are a global hospitality, restaurant, and casino titan with their namesake cafes on every continent. They are reportedly favoring a hotel/casino execution and then selling off the rest of the site for retail and restaurants. This resembles their business plans in Broward County (FL) and Sentosa (SG)

Minuses: Anti-Americanism is a risk.

The Four Seasons (Canada)

Pluses: Iconic luxury brand, proven track record.

Minuses: Elitism.

Vanke (PRC)

Pluses: One of China's largest developers, catering to the large East Asian tourism market and reflecting the historic Asian communities of Caribbean nations like Trinidad, Guyana, Panama, and Cuba.

Minuses: Difficulty of flying in executives as well as uncertainties around the Chinese property market.

Any other real-world developers would be appreciated.