The fact that the keel was up is no excuse at all.
Adjacently, one glaring omission from the Times' coverage was reports of those gigantic cabin windows shattering. I wish they'd addressed that. I didn't know about the unseaworthy vents, but just looking at the pictures it seemed obvious that if you put that boat on its ear in any kind of weather you'd break those windows and sink.
I've had my boat with the rail 2' under water in 6'+ choppy Buzzards Bay conditions gusting over 30kt and it was a hoot. When I imagine a floating hotel like the craft in the article in a similar situation, that's probably a fatality. I wouldn't be able to sleep onboard a boat like that.
EDIT: There are also numerous examples in the historical record of whaling ships, clipper ships, war ships, merchant ships, and the like getting knocked down in storms and besides maybe crew being washed overboard and busted rigging getting through it relatively unscathed. It's absolutely inexcusable and shameful in the year 2024 for this to happen.
[1] https://www.practical-sailor.com/sailboat-reviews/block-isla...
EDIT: I can actually count on one hand the number of times I've been in situations like that and while it's a hell of a lot of fun it's not something you bring your friends, family, children, etc along for..
Source (found in a cousin comment which now I can't find): https://www.sailingscuttlebutt.com/2024/08/27/former-bayesia...
We don't know yet. The rumour is that the mechanism of the extendable keel was prone to banging in the lowered state. You don't want to be disturbing the sleep of the guests paying you fortunes. That plus the also rumoured fact that the operating manual only required it to be lowered when sailing could explain why the crew did not opt to lower it at anchor.
All of the above is based on internet whispers. The investigation report hopefully will answer this question with authority.