The property has an immense competitive advantage over its competitors, mostly due to its central location, easy access to all transportation and wonderful views. However, the hotel is dated, with very old finishes that have started to show its age - more like the Overlook Hotel of the East... The outdoor carpet looks like it has never been changed since the initial construction and people smoke in front of the entrance with disregard. The air conditioning was non-existent and I couldn't adjust the thermostat. Had to sleep with the balcony door open for eight nights. I'm not sure if this is a non-smoking hotel but I was initially given a room that smelled like a cigar parlor. Overall, the hotel is desperately in need of an overhaul of its amenities, look & feel, façade and infrastructure upgrades. The staff was great and super accommodating. But the need for capital investment for this trophy asset is quite evident.