Many NIMBYs are fond of the theory that there is a long line of developers begging to build hotels on the DH site. Whether this is borne of ignorance or an incredibly inflated sense of self worth, it is an absurd fiction.
The fact is that there is only one developer, White Lodging, with any interest in DH. The current "white knight in the wings" is supposed to be Eli Ungar who is thought to have a limitless source of funds. Well, Mr. Ungar has a very full plate and needs to bring home his own Solstice, Shoreland, and Village Center proposals. He is on record as stating that he has no interest in this project at this time.
If you need any further evidence of how tough the climate is for development now, you should be interested to know that White Lodging has laid-off Scott Travis, who has been overseeing the DH proposal. In addition, White Lodging has put on indefinite hold ALL of its hotel development projects. However, they have made an exception for the DH project. This is due to the personal commitment that the owners of White Lodging have made to the University. The owner's father was treated at U of C Hospitals and this is the source of some affection for the old U.