Directors of foreign-based Eagle Hospitality Trust, which manages the Queen Mary, have been arrested in Singapore for failing to make required disclosures to investors. The trust was created by Urban Commons, which ran the Queen Mary until Eagle Hospitality terminated Urban Commons’ lease agreement for failing to meet financial obligations. Though Eagle Hospitality is now in charge, it is unclear how the trust can keep the Queen Mary afloat when drowning in its own legal problems. An event company named Evolution Hospitality is currently stewarding daily operation of the floating hotel.
The City of Long Beach, which cited Urban Commons and Eagle Hospitality for default of their lease agreement back in July, released a statement indicating that the arrests will “not have any impact on the Master Lease for the Queen Mary,” adding that “this is only the beginning of the review process and City staff will report-back to the City Council and the community as information becomes available.”
Queen Mary Dark Harbor announced its cancellation for 2020 back in June. Due to Covid-19, the venue has been closed for months, cancelling its various paranormal tours and shows, including Illusions of the Passed.