NORTHERN PHOENIX BEST WESTERN FINANCIALS										NORTHERN PHOENIX BEST WESTERN FINANCIALS (124 SUITES-1999)
For the Period Ended September 30, 2008
	JAN	FEB	MAR	1Q Total	APRIL	MAY	JUNE	2Q Total	YTD Total		JULY	AUG	SEPT	3Q Total	YTD Total	OCT	NOV	DEC	4Q Total	Year End
SUITES AVAILABLE
2000	3844	3596	3844	11284	3720	3844	3720	11284	22568		3844	3844	3720	11408	33976	3844	3720	3844	11408	45384
2001	3844	3472	3844	11160	3720	3844	3720	11284	22444		3751	3751	3150	10652	33096	3255	3150	3255	9660	42756
2002	3255	2940	3255	9450	3150	3255	3150	9555	19005		3255	3255	3150	9660	28665	3255	3150	3255	9660	38325
2003	3255	2940	3255	9450	3150	3255	3150	9555	19005		3255	3255	3150	9660	28665	3255	3150	3255	9660	38325
2004	3255	3045	3224	9524	3120	3224	3120	9464	18988		3224	3224	3120	9568	28556	3224	3120	3224	9568	38124
2005	3255	2912	3224	9391	3120	3224	3120	9464	18855		3224	3224	3120	9568	28423	3224	3120	3224	9568	37991
2006	3224	2912	3224	9360	3120	3224	3120	9464	18824		3224	3224	3120	9568	28392	3224	3120	3224	9568	37960
2007	3225	2912	3225	9362	3120	3224	3120	9464	18826		3224	3224	3120	9568	28394	3224	3120	3224	9568	37962
2008	3224	2912	3226	9362	3120	3224	3120	9464	18826		3224	3224	3120	9568	28394	3224	3120	3224	9568	37962
REVENUE SUITES
2000	2186	2901	2986	8073	2636	2339	2179	7154	15227		1614	1551	2110	5275	20502	2223	2424	1599	6246	26748
2001	1676	2343	3049	7068	2434	2110	2032	6576	13644		1373	1631	1313	4317	17961	2419	1955	1598	5972	23933
2002	1709	1885	2916	6510	2158	1842	1261	5261	11771		1102	1381	1487	3970	15741	1937	1902	1868	5707	21448
2003	2397	2431	2661	7489	2456	2112	1923	6491	13980		1606	1418	1799	4823	18803	1938	2082	1944	5964	24767
2004	2358	2280	2811	7449	2094	1859	1572	5525	12974		1574	1621	2110	5305	18279	1954	2007	2107	6068	24347
2005	2726	2595	2968	8289	2715	2640	1848	7203	15492		1730	1592	1733	5055	20547	2395	2361	2450	7206	27753
2006	2616	2561	3069	8246	2644	2357	1944	6945	15191		1993	1831	2091	5915	21106	2407	2419	2183	7009	28115
2007	2798	2550	2968	8316	2658	2284	1842	6784	15100		1885	1990	2202	6077	21177	2288	2210	2068	6566	27743
2008	2557	2440	2877	7874	2751	2383	1785	6919	14793		2559	1702	2208	6469	21262	2354	2273	2127	6755	28017
COMP SUITES
2000	76	53	34	163	25	81	35	141	304		27	58	73	158	462	58	80	99	237	699
2001	67	31	68	166	76	111	89	276	442		54	72	90	216	658	62	68	82	212	870
2002	39	51	43	133	75	53	65	193	326		103	97	95	295	621	50	36	109	195	816
2003	34	42	33	109	50	54	37	141	250		77	83	44	204	454	56	74	100	230	684
2004	30	33	14	77	40	85	88	213	290		115	91	73	279	569	78	37	68	183	752
2005	25	0	5	30	10	46	55	111	141		89	65	40	194	335	53	5	13	71	406
2006	3	0	0	3	2	12	19	33	36		16	40	19	75	111	9	7	6	22	133
2007	15	16	13	44	51	69	48	168			51	43	45	139	351	28	24	38	90	441
2008	0	0	0	0	0	2	48	50			54	95	48	197					0	247
OCCUPANCY PERCENT % (Revenue Suites only/Suites Available)
2000	56.9%	80.7%	77.7%	71.5%	70.9%	60.8%	58.6%	63.4%	67.5%		42.0%	40.3%	56.7%	46.2%	60.3%	57.8%	65.2%	41.6%	54.8%	58.9%
2001	43.6%	67.5%	79.3%	63.3%	65.4%	54.9%	54.6%	58.3%	60.8%		36.6%	43.5%	41.7%	40.5%	54.3%	74.3%	62.1%	49.1%	61.8%	56.0%
2002	52.5%	64.1%	89.6%	68.9%	68.5%	56.6%	40.0%	55.1%	61.9%		33.9%	42.4%	47.2%	41.1%	54.9%	59.5%	60.4%	57.4%	59.1%	56.0%
2003	73.6%	82.7%	81.8%	79.2%	78.0%	64.9%	61.0%	67.9%	73.6%		49.3%	43.6%	57.1%	49.9%	65.6%	59.5%	66.1%	59.7%	61.7%	64.6%
2004	72.4%	74.9%	87.2%	78.2%	67.1%	57.7%	50.4%	58.4%	68.3%		48.8%	50.3%	67.6%	55.4%	64.0%	60.6%	64.3%	65.4%	63.4%	63.9%
2005	83.7%	89.1%	92.1%	88.3%	87.0%	81.9%	59.2%	76.1%	82.2%		53.7%	49.4%	55.5%	52.8%	72.3%	74.3%	75.7%	76.0%	75.3%	73.1%
2006	81.1%	87.9%	95.2%	88.1%	84.7%	73.1%	62.3%	73.4%	80.7%		61.8%	56.8%	67.0%	61.8%	74.3%	74.7%	77.5%	67.7%	73.3%	74.1%
2007	86.8%	87.6%	92.0%	88.8%	85.2%	70.8%	59.0%	71.7%	80.2%		58.5%	61.7%	70.6%	63.5%	74.6%	71.0%	70.8%	64.1%	68.6%	73.1%
2008	79.3%	83.8%	89.2%	84.1%	88.2%	73.9%	57.2%	73.1%	78.6%		79.4%	52.8%	70.8%	67.6%	74.9%	73.0%	72.9%	66.0%	70.6%	73.8%
AVERAGE DAILY RATE (Room Revenue/Revenue Suites)
2000	$ 90.53	$ 101.81	$ 104.27	$ 99.67	$ 85.62	$ 66.27	$ 55.60	$ 70.15	$85.80		$ 51.99	$ 53.40	$ 56.49	$ 54.20	$77.67	$ 79.29	$ 77.50	$ 73.70	$ 77.16	$ 77.55
2001	$ 84.11	$ 101.48	$ 91.75	$ 93.17	$ 75.90	$ 70.67	$ 62.32	$ 70.03	$82.01		$ 60.33	$ 59.35	$ 63.01	$ 60.77	$76.91	$ 71.77	$ 72.46	$ 70.43	$ 71.64	$ 75.59
2002	$ 75.94	$ 94.31	$ 87.90	$ 86.62	$ 70.47	$ 65.13	$ 66.63	$ 67.68	$78.15		$ 60.90	$ 61.01	$ 62.44	$ 61.51	$73.96	$ 73.28	$ 77.23	$ 60.83	$ 70.52	$ 73.04
2003	$ 67.54	$ 85.81	$ 87.71	$ 80.64	$ 63.53	$ 61.21	$ 56.85	$ 60.80	$71.43		$ 53.85	$ 53.15	$ 55.62	$ 54.30	$67.03	$ 70.83	$ 70.83	$ 62.85	$ 68.23	$ 67.32
2004	$ 76.39	$ 94.05	$ 94.61	$ 88.67	$ 76.84	$ 68.04	$ 57.02	$ 68.24	$79.97		$ 58.19	$ 56.83	$ 57.99	$ 57.69	$73.51	$ 74.17	$ 80.24	$ 63.42	$ 72.45	$ 73.24
2005	$ 75.64	$ 86.05	$ 95.39	$ 85.97	$ 76.15	$ 62.63	$ 60.81	$ 67.26	$77.27		$ 57.67	$ 58.90	$ 62.44	$ 59.69	$72.95	$ 74.25	$ 78.44	$ 66.06	$ 72.84	$ 72.92
2006	$ 90.65	$ 96.86	$ 96.22	$ 94.65	$ 81.33	$ 69.33	$ 60.97	$ 71.56	$84.10		$ 60.51	$ 62.05	$ 68.33	$ 63.75	$78.39	$ 80.82	$ 82.44	$ 81.85	$ 81.70	$ 79.22
2007	$ 105.15	$ 115.80	$ 106.92	$ 109.05	$ 93.64	$ 85.08	$ 70.69	$ 84.53	$98.03		$ 65.93	$ 69.21	$ 78.30	$ 71.49	$90.41	$ 93.34	$ 94.82	$ 93.36	$ 93.84	$ 91.22
2008	$ 108.26	$ 120.55	$ 116.69	$ 115.15	$ 87.06	$ 75.57	$ 71.51	$ 79.09	$98.28		$ 41.44	$ 67.07	$ 64.62	$ 56.09	$85.45	$ 99.92	$ 108.10	$ 106.80	$ 104.84	$ 90.12
REVENUE PAR (Room Revenue/Suites Available)
2000	$ 51.48	$ 82.13	$ 81.00	$ 71.31	$ 60.67	$ 40.33	$ 32.57	$ 44.48	$57.89		$ 21.83	$ 21.55	$ 32.04	$ 25.06	$46.87	$ 45.86	$ 50.50	$ 30.66	$ 42.25	$ 45.71
2001	$ 36.67	$ 68.48	$ 72.78	$ 59.00	$ 49.66	$ 38.79	$ 34.04	$ 40.81	$49.86		$ 22.08	$ 25.81	$ 26.26	$ 24.63	$41.74	$ 53.33	$ 44.97	$ 34.58	$ 44.29	$ 42.31
2002	$ 39.87	$ 60.47	$ 78.74	$ 59.67	$ 48.28	$ 36.86	$ 26.67	$ 37.27	$48.41		$ 20.62	$ 25.88	$ 29.47	$ 25.28	$40.61	$ 43.61	$ 46.63	$ 34.91	$ 41.66	$ 40.88
2003	$ 49.73	$ 70.96	$ 71.70	$ 63.90	$ 49.54	$ 39.72	$ 34.71	$ 41.30	$52.54		$ 26.57	$ 23.16	$ 31.76	$ 27.11	$43.97	$ 42.17	$ 46.82	$ 37.53	$ 42.12	$ 43.51
2004	$ 55.34	$ 70.42	$ 82.49	$ 69.35	$ 51.57	$ 39.23	$ 28.73	$ 39.84	$54.64		$ 28.41	$ 28.57	$ 39.22	$ 31.99	$47.05	$ 44.95	$ 51.62	$ 41.45	$ 45.94	$ 46.77
2005	$ 63.35	$ 76.68	$ 87.82	$ 75.88	$ 66.26	$ 51.29	$ 36.02	$ 51.19	$63.49		$ 30.95	$ 29.09	$ 34.68	$ 31.54	$52.73	$ 55.16	$ 59.36	$ 50.20	$ 54.86	$ 53.27
2006	$ 73.55	$ 85.19	$ 91.60	$ 83.39	$ 68.92	$ 50.69	$ 37.99	$ 52.51	$67.87		$ 37.41	$ 35.24	$ 45.79	$ 39.41	$58.28	$ 60.34	$ 63.92	$ 55.42	$ 59.85	$ 58.67
2007	$ 91.22	$ 101.40	$ 98.40	$ 96.86	$ 79.78	$ 60.27	$ 41.73	$ 60.59	$78.63		$ 38.55	$ 42.72	$ 55.26	$ 45.41	$67.43	$ 66.24	$ 67.16	$ 59.88	$ 64.40	$ 66.67
2008	$ 85.86	$ 101.01	$ 104.06	$ 96.85	$ 76.76	$ 55.86	$ 40.91	$ 57.82	$77.23		$ 32.89	$ 35.41	$ 45.73	$ 37.93	$63.98	$ 72.95	$ 78.77	$ 70.47	$ 74.01	$ 66.51
ROOM REVENUE
2000	$ 197,897	$ 295,351	$ 311,365	$ 804,613	$ 225,697	$ 155,015	$ 121,155	$ 501,867	######		$ 83,914	$ 82,824	$ 119,186	$ 285,924	######	$ 176,270	$ 187,854	$ 117,840	$ 481,964	$ 2,074,368
2001	$ 140,976	$ 237,769	$ 279,748	$ 658,493	$ 184,752	$ 149,114	$ 126,633	$ 460,499	######		$ 82,829	$ 96,797	$ 82,731	$ 262,357	######	$ 173,605	$ 141,664	$ 112,543	$ 427,812	$ 1,809,161
2002	$ 129,785	$ 177,776	$ 256,310	$ 563,871	$ 152,085	$ 119,973	$ 84,018	$ 356,076	######		$ 67,112	$ 84,255	$ 92,843	$ 244,210	######	$ 141,946	$ 146,896	$ 113,630	$ 402,472	$ 1,566,629
2003	$ 161,882	$ 208,608	$ 233,396	$ 603,886	$ 156,036	$ 129,276	$ 109,327	$ 394,639	######		$ 86,483	$ 75,373	$ 100,056	$ 261,912	######	$ 137,272	$ 147,468	$ 122,173	$ 406,913	$ 1,667,350
2004	$ 180,130	$ 214,430	$ 265,957	$ 660,517	$ 160,911	$ 126,490	$ 89,633	$ 377,034	######		$ 91,592	$ 92,116	$ 122,351	$ 306,059	######	$ 144,922	$ 161,044	$ 133,630	$ 439,597	$ 1,783,207
2005	$ 206,198	$ 223,292	$ 283,121	$ 712,611	$ 206,746	$ 165,349	$ 112,372	$ 484,467	######		$ 99,768	$ 93,774	$ 108,214	$ 301,756	######	$ 177,820	$ 185,195	$ 161,857	$ 524,872	$ 2,023,706
2006	$ 237,137	$ 248,069	$ 295,314	$ 780,520	$ 215,036	$ 163,420	$ 118,534	$ 496,990	######		$ 120,602	$ 113,611	$ 142,878	$ 377,091	######	$ 194,538	$ 199,419	$ 178,675	$ 572,632	$ 2,227,233
2007	$ 294,197	$ 295,291	$ 317,333	$ 906,821	$ 248,903	$ 194,315	$ 130,205	$ 573,423	######		$ 124,282	$