"Today's global economy needs to be placed in a broader perspective," he said. "Most of us are not aware of the investors behind the brands that have become an integral part of every day life, from the gas we put in our cars, to the clothes we wear, to the way we use social media, and to the hotels we frequent. American companies across the board are funded by foreign investment, including sovereign wealth funds."
In another article for CNN, Cowdray said that the celebrities should lobby the U.S. state department rather boycott the individual hotels, which not only hurt their bottom line but also affect the wages of the employees.
We agree that it's a shame that the employees are caught in the middle of a very serious boycott (the Beverly Hills Hotel alone has lost $1.5 million in business already.) But we also don't think the CEO's defensive statement convinced us not to boycott. As long as the owner of Brunei is profiting from the hotel collection while he's implementing his new laws, we just don't see a very happy ending in store for Dorchester.
UPDATE: We just found this response on the Dorchester Twitter stream (@DC_Luxury Hotels) to Sir Richard Branson after he tweeted his company's boycott of the Dorchester Hotels:
OH SNAP. But an eagle-eyed Twitterer, however, pointed out that flight is a codeshare with Singapore Air and that Virgin doesn't actually fly to Brunei. Hmmm....