NORTHERN PHOENIX BEST WESTERN FINANCIALS
For the Period Ended April 30, 2010
	JAN	FEB	MAR	1Q Total	APRIL	MAY	JUNE	2Q Total	JULY	AUG	SEPT	3Q Total	OCT	NOV	DEC	4Q Total	Year End

SUITES AVAILABLE
2002	3255	2940	3255	9450	3150	3255	3150	9555	3255	3255	3150	9660	3255	3150	3255	9660	38325
2003	3255	2940	3255	9450	3150	3255	3150	9555	3255	3255	3150	9660	3255	3150	3255	9660	38325
2004	3255	3045	3224	9524	3120	3224	3120	9464	3224	3224	3120	9568	3224	3120	3224	9568	38124
2005	3255	2912	3224	9391	3120	3224	3120	9464	3224	3224	3120	9568	3224	3120	3224	9568	37991
2006	3224	2912	3224	9360	3120	3224	3120	9464	3224	3224	3120	9568	3224	3120	3224	9568	37960
2007	3225	2912	3225	9362	3120	3224	3120	9464	3224	3224	3120	9568	3224	3120	3224	9568	37962
2008	3224	3016	3226	9466	3120	3224	3120	9464	3224	3224	3120	9568	3224	3120	3224	9568	38066
2009	3225	2912	3227	9364	3120	3224	3120	9464	3224	3224	3120	9568	3224	3360	3472	10056	38452
2010	3472	3136	3472	10080	3360	3472	3360	10192	3472	3472	3360	10304	3472	3360	3472	10304	40880
REVENUE SUITES
2002	1709	1885	2916	6510	2158	1842	1261	5261	1102	1381	1487	3970	1937	1902	1868	5707	21448
2003	2397	2431	2661	7489	2456	2112	1923	6491	1606	1418	1799	4823	1938	2082	1944	5964	24767
2004	2358	2280	2811	7449	2094	1859	1572	5525	1574	1621	2110	5305	1954	2007	2107	6068	24347
2005	2726	2595	2968	8289	2715	2640	1848	7203	1730	1592	1733	5055	2395	2361	2450	7206	27753
2006	2616	2561	3069	8246	2644	2357	1944	6945	1993	1831	2091	5915	2407	2419	2183	7009	28115
2007	2798	2550	2968	8316	2658	2284	1842	6784	1885	1990	2202	6077	2288	2210	2068	6566	27743
2008	2557	2440	2877	7874	2751	2383	1785	6919	2559	1702	2208	6469	2547	2514	2087	7148	28410
2009	2067	2569	3027	7663	2486	2113	1675	6274	1557	1287	1690	4534	1954	2242	1879	6075	24546
2010	2096	2199	3288	7583	2505	2159	1750	6414	1800	1722	2091	5613	2288	2350	2068	6706	26316
COMP SUITES
2002	39	51	43	133	75	53	65	193	103	97	95	295	50	36	109	195	816
2003	34	42	33	109	50	54	37	141	77	83	44	204	56	74	100	230	684
2004	30	33	14	77	40	85	88	213	115	91	73	279	78	37	68	183	752
2005	25	0	5	30	10	46	55	111	89	65	40	194	53	5	13	71	406
2006	3	0	0	3	2	12	19	33	16	40	19	75	9	7	6	22	133
2007	15	16	13	44	51	69	48	168	51	43	45	139	28	24	38	90	441
2008	0	0	0	0	0	2	48	50	54	95	48	197	12	0	2	14	261
2009	1	0	4	5	1	0	0	1	30	45	0	75	0	0	6	6	87
2010	33	8	3	44	10	5	5	20	25	25	15	65	10	10	10	30	159
OCCUPANCY PERCENT % (Revenue Suites only/Suites Available)
2002	52.5%	64.1%	89.6%	68.9%	68.5%	56.6%	40.0%	55.1%	33.9%	42.4%	47.2%	41.1%	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%	49.3%	43.6%	57.1%	49.9%	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%	48.8%	50.3%	67.6%	55.4%	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%	53.7%	49.4%	55.5%	52.8%	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%	61.8%	56.8%	67.0%	61.8%	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%	58.5%	61.7%	70.6%	63.5%	71.0%	70.8%	64.1%	68.6%	73.1%
2008	79.3%	80.9%	89.2%	83.2%	88.2%	73.9%	57.2%	73.1%	79.4%	52.8%	70.8%	67.6%	79.0%	80.6%	64.7%	74.7%	74.6%
2009	64.1%	88.2%	93.8%	81.8%	79.7%	65.5%	53.7%	66.3%	48.3%	39.9%	54.2%	47.4%	60.6%	66.7%	54.1%	60.4%	63.8%
2010	60.4%	70.1%	94.7%	75.2%	74.6%	62.2%	52.1%	62.9%	51.8%	49.6%	62.2%	54.5%	65.9%	69.9%	59.6%	65.1%	64.4%
AVERAGE DAILY RATE (Room Revenue/Revenue Suites)
2002	$ 75.94	$ 94.31	$ 87.90	$ 86.62	$ 70.47	$ 65.13	$ 66.63	$ 67.68	$ 60.90	$ 61.01	$ 62.44	$ 61.51	$ 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	$ 53.85	$ 53.15	$ 55.62	$ 54.30	$ 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	$ 58.19	$ 56.83	$ 57.99	$ 57.69	$ 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	$ 57.67	$ 58.90	$ 62.44	$ 59.69	$ 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	$ 60.51	$ 62.05	$ 68.33	$ 63.75	$ 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	$ 65.93	$ 69.21	$ 78.30	$ 71.49	$ 93.34	$ 94.82	$ 93.36	$ 93.84	$ 91.22
2008	$ 109.00	$ 131.06	$ 116.74	$ 118.66	$ 87.35	$ 75.77	$ 71.77	$ 79.34	$ 41.56	$ 67.68	$ 64.73	$ 56.34	$ 76.18	$ 81.23	$ 73.31	$ 77.12	$ 84.44
2009	$ 86.14	$ 92.35	$ 92.45	$ 90.72	$ 79.62	$ 71.25	$ 68.64	$ 73.87	$ 65.15	$ 66.76	$ 62.65	$ 64.67	$ 74.14	$ 77.97	$ 70.40	$ 74.40	$ 77.56
2010	$ 81.82	$ 87.12	$ 86.69	$ 85.47	$ 73.92	$ 76.25	$ 73.35	$ 74.55	$ 64.28	$ 66.44	$ 70.78	$ 67.37	$ 78.32	$ 76.61	$ 73.15	$ 76.13	$ 76.56
REVENUE PAR (Room Revenue/Suites Available)
2002	$ 39.87	$ 60.47	$ 78.74	$ 59.67	$ 48.28	$ 36.86	$ 26.67	$ 37.27	$ 20.62	$ 25.88	$ 29.47	$ 25.28	$ 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	$ 26.57	$ 23.16	$ 31.76	$ 27.11	$ 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	$ 28.41	$ 28.57	$ 39.22	$ 31.99	$ 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	$ 30.95	$ 29.09	$ 34.68	$ 31.54	$ 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	$ 37.41	$ 35.24	$ 45.79	$ 39.41	$ 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	$ 38.55	$ 42.72	$ 55.26	$ 45.41	$ 66.24	$ 67.16	$ 59.88	$ 64.40	$ 66.67
2008	$ 86.45	$ 106.03	$ 104.11	$ 98.71	$ 77.02	$ 56.00	$ 41.06	$ 58.01	$ 32.99	$ 35.73	$ 45.81	$ 38.09	$ 60.19	$ 65.45	$ 47.46	$ 57.61	$ 63.02
2009	$ 55.21	$ 81.48	$ 86.72	$ 74.24	$ 63.44	$ 46.70	$ 36.85	$ 48.97	$ 31.46	$ 26.65	$ 33.94	$ 30.65	$ 44.94	$ 52.03	$ 38.10	$ 44.94	$ 49.51
2010	$ 49.39	$ 61.09	$ 82.09	$ 64.29	$ 55.11	$ 47.42	$ 38.20	$ 46.92	$ 33.33	$ 32.95	$ 44.05	$ 36.70	$ 51.61	$ 53.58	$ 43.57	$ 49.54	$ 49.29
ROOM REVENUE
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	$ 137,737	$ 172,423	$ 434,442	$ 213,557	$ 209,550	$ 193,062	$ 616,169	$ 2,530,855
2008	$ 278,717	$ 319,777	$ 335,862	$ 934,356	$ 240,305	$ 180,558	$ 128,109	$ 548,973	$ 106,347	$ 115,191	$ 142,914	$ 364,452	$ 194,038	$ 204,205	$ 153,006	$ 551,250	$ 2,399,030
2009	$ 178,045	$ 237,258	$ 279,852	$ 695,155	$ 197,926	$ 150,560	$ 114,972	$ 463,458	$ 101,435	$ 85,921	$ 105,878	$ 293,234	$ 144,870	$ 174,806	$ 132,288	$ 451,964	$ 1,903,812
2010	$ 171,494	$ 191,566	$ 285,028	$ 648,088	$ 185,173	$ 164,629	$ 128,358	$ 478,160	$ 115,712	$ 114,411	$ 148,000	$ 378,123	$ 179,201	$ 180,035	$ 151,270	$ 510,506	$ 2,014,877
GOP DOLLARS
2002	$ 17,266	$ 92,330	$ 133,696	$ 243,292	$ 42,279	$ 10,994	$ (12,525)	$ 40,748	$ (35,258)	$ (19,025)	$ (7,229)	$ (61,512)	$ 31,191	$ 39,523	$ 19,654	$ 90,368	$ 312,896
2003	$ 49,374	$ 99,251	$ 107,716	$ 256,341	$ 38,156	$ 24,810	$ 18,648	$ 81,614	$ (12,592)	$ (10,351)	$ 11,659	$ (11,284)	$ 52,482	$ 51,237	$ 12,402	$ 116,121	$ 442,792
2004	$ 64,785	$ 100,791	$ 150,177	$ 315,753	$ 41,319	$ 25,046	$ (26,274)	$ 40,091	$ (7,879)	$ (7,918)	$ 27,767	$ 11,970	$ 15,548	$ 72,705	$ 30,453	$ 118,706	$ 486,520
2005	$ 73,871	$ 102,666	$ 153,846	$ 330,383	$ 69,914	$ 54,118	$ 7,819	$ 131,851	$ (16,703)	$ (25,270)	$ 547	$ (41,426)	$ 43,608	$ 41,121	$ 56,110	$ 140,839	$ 561,647
2006	$ 91,262	$ 114,467	$ 163,919	$ 369,648	$ 79,038	$ 57,122	$ 15,098	$ 151,258	$ (17,098)	$ (5,736)	$ 40,889	$ 18,055	$ 67,864	$ 77,299	$ (122,477)	$ 22,686	$ 561,647
2007	$ 125,278	$ 124,924	$ 153,179	$ 403,381	$ 165,612	$ 112,761	$ 17,137	$ 295,510	$ 17,299	$ 28,698	$ 64,376	$ 110,373	$ 72,740	$ 73,978	$ 39,789	$ 186,507	$ 995,771
2008	$ 152,275	$ 178,717	$ 164,936	$ 495,928	$ 71,700	$ 36,862	$ 13,634	$ 122,197	$ (13,203)	$ 16,598	$ 17,039	$ 20,434	$ 67,942	$ 89,166	$ (14,134)	$ 142,975	$ 781,533
2009	$ 51,682	$ 126,254	$ 145,814	$ 323,750	$ 62,892	$ 31,671	$ 7,698	$ 102,261	$ (23,419)	$ (12,466)	$ (4,719)	$ (40,603)	$ 1,618	$ 50,115	$ (12,968)	$ 38,765	$ 424,172
2010	$ 61,497	$ 81,479	$ 135,399	$ 278,375	$ 63,550	$ 34,226	$ 9,690	$ 107,466	$ (3,099)	$ (2,532)	$ 20,617	$ 14,986	$ 44,110	$ 48,659	$ 26,957	$ 119,726	$ 520,553
GOP % (GOP$/Room Revenue) Adjusted GOP %
2002	13.3%	51.9%	52.2%	43.1%	27.8%	9.2%	-14.9%	11.4%	-52.5%	-22.6%	-7.8%	-25.2%	22.0%	26.9%	17.3%	22.5%	20.0%
2003	30.5%	47.6%	46.2%	42.4%	24.5%	19.2%	17.1%	20.7%	-14.6%	-13.7%	11.7%	-4.3%	38.2%	34.7%	10.2%	28.5%	26.6%
2004	36.0%	47.0%	56.5%	47.8%	25.7%	19.8%	-29.3%	10.6%	-8.6%	-8.6%	22.7%	3.9%	10.7%	45.1%	22.8%	27.0%	27.3%
2005	35.8%	46.0%	54.3%	46.4%	33.8%	32.7%	7.0%	27.2%	-16.7%	-26.9%	0.5%	-13.7%	24.5%	22.2%	34.7%	26.8%	27.8%
2006	38.5%	46.1%	55.5%	47.4%	36.8%	35.0%	12.7%	30.4%	-14.2%	-5.0%	28.6%	4.8%	34.9%	38.8%	-68.5%	4.0%	25.2%
2007	42.6%	42.3%	48.3%	44.5%	66.5%	58.0%	13.2%	51.5%	13.9%	20.8%	37.3%	25.4%	34.1%	35.3%	20.6%	30.3%	39.3%
2008	54.6%	55.9%	49.1%	53.1%	29.8%	20.4%	10.6%	22.3%	-12.4%	14.4%	11.9%	5.6%	35.0%	43.7%	-9.2%	25.9%	32.6%
2009	29.0%	53.2%	52.1%	46.6%	31.8%	21.0%	6.7%	22.1%	-23.1%	-14.5%	-4.5%	-13.8%	1.1%	28.7%	-9.8%	8.6%	22.3%
2010	35.9%	42.5%	47.5%	43.0%	34.3%	20.8%	7.5%	22.5%	-2.7%	-2.2%	13.9%	4.0%	24.6%	27.0%	17.8%	23.5%	25.8%
Note:	Actual figures through April 30 2010. Budget figures through December 2010.
	For Internal Use Only. Some figures have been adjusted for comparability purposes.