From what I've read, Graham Ferguson Lacey said that within 5 years they want to have their new 5-star hotel (complete with casino, health spa, 4-screen multiplex, 150 bedrooms etc) built and open opposite the current bus station - I would infer from that statement that the Palace won't be open beyond that point, and the land will probably be sold off. As if Douglas needs more over-priced apartments :roll: