TUCSON SAINT MARY'S HOSPITALITY SUITES
For the Period Ended October 31, 2011
	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	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2003	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2004	8277	7743	8277	24297	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97722
2005	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2006	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2007	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2008	8277	7743	8277	24297	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97722
2009	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2010	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2011	8277	7476	8277	24030	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97455
2012	8277	7743	8277	24297	8010	8277	8010	24297	8277	8277	8010	24564	8277	8010	8277	24564	97722
REVENUE SUITES
2002	3822	6024	5849	15695	4969	4567	4402	13938	3309	3795	3485	10589	3656	3747	3212	10615	50837
2003	3519	6108	5999	15626	4888	4449	4438	13775	2724	3868	3325	9917	4822	4214	3565	12601	51919
2004	4261	6400	6238	16899	5039	4267	3678	12984	3172	2759	3423	9354	4046	4911	5037	13994	53231
2005	4780	5787	6640	17207	4925	4299	4525	13749	5061	3394	4512	12967	5340	4696	4469	14505	58428
2006	5441	6082	6440	17963	5380	4728	4054	14162	3929	3772	4302	12003	4965	4248	4152	13365	57493
2007	5732	6294	6874	18900	5194	4402	3958	13554	3705	5755	4295	13755	4399	4167	2729	11295	57504
2008	3990	5715	6303	16008	4793	3531	5058	13382	3499	2007	1483	6989	2501	2816	2068	7385	43764
2009	2909	4671	4091	11671	2708	2826	2179	7713	2581	1950	1609	6140	2193	2317	1906	6416	31940
2010	2570	4293	3278	10141	2889	2073	1789	6751	2606	1667	1739	6012	2446	2717	2082	7245	30149
2011	3381	4482	3359	11222	2671	2746	2059	7476	4135	1831	2053	8019	2750	2600	2100	7450	34167
2012	3000	4700	3275	10975	2800	2750	2350	7900	2800	1950	1950	6700	2700	2700	2150	7550	33125
OCCUPANCY PERCENT % (Revenue Suites only/Suites Available)
2002	46.2%	80.6%	70.7%	65.3%	62.0%	55.2%	55.0%	57.4%	40.0%	45.8%	43.5%	43.1%	44.2%	46.8%	38.8%	43.2%	52.2%
2003	42.5%	81.7%	72.5%	65.0%	61.0%	53.8%	55.4%	56.7%	32.9%	46.7%	41.5%	40.4%	58.3%	52.6%	43.1%	51.3%	53.3%
2004	51.5%	82.7%	75.4%	69.6%	62.9%	51.6%	45.9%	53.4%	38.3%	33.3%	42.7%	38.1%	48.9%	61.3%	60.9%	57.0%	54.5%
2005	57.8%	77.4%	80.2%	71.6%	61.5%	51.9%	56.5%	56.6%	61.1%	41.0%	56.3%	52.8%	64.5%	58.6%	54.0%	59.0%	60.0%
2006	65.7%	81.4%	77.8%	74.8%	67.2%	57.1%	50.6%	58.3%	47.5%	45.6%	53.7%	48.9%	60.0%	53.0%	50.2%	54.4%	59.0%
2007	69.3%	84.2%	83.0%	78.7%	64.8%	53.2%	49.4%	55.8%	44.8%	69.5%	53.6%	56.0%	53.1%	52.0%	33.0%	46.0%	59.0%
2008	48.2%	73.8%	76.2%	65.9%	59.8%	42.7%	63.1%	55.1%	42.3%	24.2%	18.5%	28.5%	30.2%	35.2%	25.0%	30.1%	44.8%
2009	35.1%	62.5%	49.4%	48.6%	33.8%	34.1%	27.2%	31.7%	31.2%	23.6%	20.1%	25.0%	26.5%	28.9%	23.0%	26.1%	32.8%
2010	31.0%	57.4%	39.6%	42.2%	36.1%	25.0%	22.3%	27.8%	31.5%	20.1%	21.7%	24.5%	29.6%	33.9%	25.2%	29.5%	30.9%
2011	40.8%	60.0%	40.6%	46.7%	33.3%	33.2%	25.7%	30.8%	50.0%	22.1%	25.6%	32.6%	33.2%	32.5%	25.4%	30.3%	35.1%
2012	36.2%	60.7%	39.6%	45.2%	35.0%	33.2%	29.3%	32.5%	33.8%	23.6%	24.3%	27.3%	32.6%	33.7%	26.0%	30.7%	33.9%
AVERAGE DAILY RATE (Room Revenue/Revenue Suites)
2002	$ 62.42	$ 94.73	$ 67.15	$ 76.58	$ 55.58	$ 53.36	$ 70.55	$ 59.58	$ 46.70	$ 50.97	$ 46.81	$ 48.27	$ 50.06	$ 53.84	$ 48.16	$ 50.82	$ 60.64
2003	$ 65.39	$ 96.11	$ 63.71	$ 76.75	$ 51.75	$ 49.95	$ 48.12	$ 50.00	$ 63.72	$ 43.59	$ 41.97	$ 48.57	$ 48.36	$ 48.97	$ 48.46	$ 48.59	$ 57.44
2004	$ 60.11	$ 85.33	$ 56.91	$ 68.48	$ 50.69	$ 49.87	$ 49.28	$ 50.02	$ 46.63	$ 43.00	$ 45.01	$ 44.97	$ 49.95	$ 47.10	$ 44.55	$ 47.01	$ 54.20
2005	$ 74.81	$ 92.30	$ 66.68	$ 77.56	$ 53.35	$ 50.80	$ 46.60	$ 50.33	$ 51.05	$ 44.36	$ 45.94	$ 47.52	$ 51.32	$ 56.53	$ 50.75	$ 52.83	$ 58.35
2006	$ 75.63	$ 93.16	$ 67.13	$ 78.52	$ 59.48	$ 52.27	$ 50.26	$ 54.43	$ 47.00	$ 44.03	$ 46.09	$ 45.74	$ 54.79	$ 56.48	$ 50.64	$ 54.04	$ 60.05
2007	$ 83.79	$ 90.39	$ 63.57	$ 78.63	$ 61.39	$ 53.77	$ 55.20	$ 57.11	$ 53.33	$ 55.50	$ 57.97	$ 55.68	$ 61.17	$ 59.63	$ 57.80	$ 59.79	$ 64.37
2008	$ 79.90	$ 115.63	$ 72.89	$ 89.89	$ 63.98	$ 62.93	$ 57.03	$ 61.07	$ 60.82	$ 57.94	$ 60.79	$ 59.99	$ 66.40	$ 73.10	$ 61.62	$ 67.62	$ 72.55
2009	$ 110.23	$ 134.50	$ 77.23	$ 108.37	$ 69.16	$ 59.35	$ 55.47	$ 61.70	$ 59.53	$ 52.51	$ 53.60	$ 55.75	$ 62.03	$ 69.89	$ 59.93	$ 64.25	$ 78.12
2010	$ 124.96	$ 133.04	$ 78.77	$ 113.45	$ 70.19	$ 57.06	$ 53.34	$ 61.69	$ 53.06	$ 51.50	$ 53.59	$ 52.78	$ 61.41	$ 64.17	$ 59.80	$ 61.98	$ 77.39
2011	$ 119.69	$ 128.40	$ 70.73	$ 108.52	$ 64.76	$ 58.80	$ 56.93	$ 60.42	$ 58.50	$ 52.11	$ 56.05	$ 56.41	$ 63.02	$ 70.96	$ 58.10	$ 64.40	$ 76.14
2012	$ 111.33	$ 134.04	$ 74.81	$ 110.16	$ 69.64	$ 62.55	$ 59.57	$ 64.18	$ 58.93	$ 56.41	$ 57.44	$ 57.76	$ 64.81	$ 72.22	$ 59.07	$ 65.83	$ 78.49
REVENUE PAR (Room Revenue/Suites Available)
2002	$ 28.82	$ 76.33	$ 47.45	$ 50.02	$ 34.48	$ 29.44	$ 38.77	$ 34.18	$ 18.67	$ 23.37	$ 20.37	$ 20.81	$ 22.11	$ 25.19	$ 18.69	$ 21.96	$ 31.63
2003	$ 27.80	$ 78.52	$ 46.18	$ 49.91	$ 31.58	$ 26.85	$ 26.66	$ 28.35	$ 20.97	$ 20.37	$ 17.42	$ 19.61	$ 28.17	$ 25.76	$ 20.87	$ 24.93	$ 30.60
2004	$ 30.95	$ 70.53	$ 42.89	$ 47.63	$ 31.89	$ 25.71	$ 22.63	$ 26.73	$ 17.87	$ 14.33	$ 19.23	$ 17.12	$ 24.42	$ 28.88	$ 27.11	$ 26.78	$ 29.52
2005	$ 43.21	$ 71.44	$ 53.50	$ 55.53	$ 32.80	$ 26.39	$ 26.32	$ 28.48	$ 31.22	$ 18.19	$ 25.88	$ 25.09	$ 33.11	$ 33.14	$ 27.40	$ 31.20	$ 34.98
2006	$ 49.72	$ 75.79	$ 52.23	$ 58.69	$ 39.95	$ 29.86	$ 25.44	$ 31.73	$ 22.31	$ 20.07	$ 24.75	$ 22.35	$ 32.86	$ 29.95	$ 25.40	$ 29.40	$ 35.43
2007	$ 58.03	$ 76.10	$ 52.80	$ 61.85	$ 39.81	$ 28.60	$ 27.28	$ 31.86	$ 23.87	$ 38.59	$ 31.08	$ 31.18	$ 32.51	$ 31.02	$ 19.06	$ 27.49	$ 37.98
2008	$ 38.52	$ 85.34	$ 55.50	$ 59.23	$ 38.28	$ 26.85	$ 36.01	$ 33.64	$ 25.71	$ 14.05	$ 11.25	$ 17.07	$ 20.06	$ 25.70	$ 15.40	$ 20.33	$ 32.49
2009	$ 38.74	$ 84.03	$ 38.17	$ 52.64	$ 23.38	$ 20.26	$ 15.09	$ 19.59	$ 18.56	$ 12.37	$ 10.77	$ 13.93	$ 16.44	$ 20.22	$ 13.80	$ 16.78	$ 25.60
2010	$ 38.80	$ 76.40	$ 31.19	$ 47.88	$ 25.32	$ 14.29	$ 11.91	$ 17.14	$ 16.70	$ 10.37	$ 11.63	$ 12.92	$ 18.15	$ 21.77	$ 15.04	$ 18.28	$ 23.94
2011	$ 48.89	$ 76.98	$ 28.71	$ 50.68	$ 21.59	$ 19.51	$ 14.63	$ 18.59	$ 29.22	$ 11.53	$ 14.37	$ 18.42	$ 20.94	$ 23.03	$ 14.74	$ 19.53	$ 26.70
2012	$ 40.35	$ 81.36	$ 29.60	$ 49.76	$ 24.34	$ 20.78	$ 17.48	$ 20.87	$ 19.93	$ 13.29	$ 13.98	$ 15.75	$ 21.14	$ 24.34	$ 15.34	$ 20.23	$ 26.61
ROOM REVENUE
2002	$ 238,562	$ 570,634	$ 392,780	$ 1,201,976	$ 276,153	$ 243,692	$ 310,557	$ 830,402	$ 154,525	$ 193,417	$ 163,140	$ 511,082	$ 183,013	$ 201,734	$ 154,676	$ 539,423	$ 3,082,883
2003	$ 230,099	$ 587,032	$ 382,218	$ 1,199,349	$ 252,931	$ 222,217	$ 213,554	$ 688,702	$ 173,573	$ 168,597	$ 139,537	$ 481,707	$ 233,200	$ 206,359	$ 172,774	$ 612,333	$ 2,982,091
2004	$ 256,138	$ 546,126	$ 355,016	$ 1,157,280	$ 255,402	$ 212,780	$ 181,234	$ 649,416	$ 147,914	$ 118,628	$ 154,068	$ 420,610	$ 202,087	$ 231,324	$ 224,399	$ 657,809	$ 2,885,115
2005	$ 357,608	$ 534,114	$ 442,784	$ 1,334,506	$ 262,738	$ 218,395	$ 210,862	$ 691,995	$ 258,377	$ 150,555	$ 207,301	$ 616,233	$ 274,053	$ 265,481	$ 226,819	$ 766,353	$ 3,409,087
2006	$ 411,494	$ 566,606	$ 432,337	$ 1,410,437	$ 320,022	$ 247,132	$ 203,740	$ 770,894	$ 184,675	$ 166,097	$ 198,261	$ 549,033	$ 272,018	$ 239,930	$ 210,249	$ 722,197	$ 3,452,561
2007	$ 480,283	$ 568,898	$ 436,992	$ 1,486,173	$ 318,856	$ 236,698	$ 218,500	$ 774,054	$ 197,589	$ 319,389	$ 248,963	$ 765,941	$ 269,079	$ 248,476	$ 157,744	$ 675,299	$ 3,701,467
2008	$ 318,807	$ 660,800	$ 459,407	$ 1,439,014	$ 306,658	$ 222,196	$ 288,448	$ 817,302	$ 212,813	$ 116,289	$ 90,151	$ 419,254	$ 166,056	$ 205,851	$ 127,438	$ 499,346	$ 3,174,916
2009	$ 320,668	$ 628,230	$ 315,938	$ 1,264,836	$ 187,272	$ 167,722	$ 120,873	$ 475,867	$ 153,657	$ 102,398	$ 86,238	$ 342,293	$ 136,037	$ 161,940	$ 114,232	$ 412,209	$ 2,495,205
2010	$ 321,156	$ 571,132	$ 258,196	$ 1,150,484	$ 202,775	$ 118,289	$ 95,421	$ 416,485	$ 138,264	$ 85,856	$ 93,191	$ 317,311	$ 150,214	$ 174,355	$ 124,503	$ 449,072	$ 2,333,352
2011	$ 404,685	$ 575,506	$ 237,593	$ 1,217,784	$ 172,972	$ 161,474	$ 117,221	$ 451,667	$ 241,881	$ 95,411	$ 115,070	$ 452,362	$ 173,317	$ 184,500	$ 122,000	$ 479,817	$ 2,601,630
2012	$ 334,000	$ 630,000	$ 245,000	$ 1,209,000	$ 195,000	$ 172,000	$ 140,000	$ 507,000	$ 165,000	$ 110,000	$ 112,000	$ 387,000	$ 175,000	$ 195,000	$ 127,000	$ 497,000	$ 2,600,000
GOP DOLLARS
2002	$ 35,426	$ 380,247	$ 169,154	$ 584,827	$ 104,188	$ 43,244	$ 145,214	$ 292,646	$ (56,271)	$ (8,616)	$ (9,313)	$ (74,200)	$ (23,773)	$ 8,333	$ (15,806)	$ (31,246)	$ 772,027
2003	$ 32,046	$ 378,905	$ 163,257	$ 574,208	$ 57,216	$ 37,884	$ 42,163	$ 137,263	$ (17,079)	$ (28,982)	$ (58,760)	$ (104,821)	$ 37,312	$ 6,897	$ (15,456)	$ 28,753	$ 635,403
2004	$ 54,905	$ 322,090	$ 106,449	$ 483,444	$ 21,883	$ 12,117	$ (38,399)	$ (4,399)	$ (73,247)	$ (75,347)	$ (29,305)	$ (177,899)	$ (108,166)	$ 4,664	$ (27,721)	$ (131,223)	$ 169,923
2005	$ 90,969	$ 266,918	$ 153,226	$ 511,113	$ 25,390	$ 12,559	$ 19,025	$ 56,974	$ (35,258)	$ (109,862)	$ 6,510	$ (138,610)	$ 31,798	$ 54,272	$ 24,434	$ 110,504	$ 539,981
2006	$ 87,840	$ 278,629	$ 81,845	$ 448,314	$ 53,836	$ 14,449	$ (20,344)	$ 47,941	$ (49,024)	$ (59,226)	$ 11,721	$ (96,529)	$ 35,374	$ 4,885	$ (35,498)	$ 4,761	$ 404,487
2007	$ 149,530	$ 325,916	$ 110,368	$ 585,814	$ 68,395	$ 5,435	$ (658)	$ 73,172	$ (66,858)	$ 18,560	$ 27,583	$ (20,715)	$ 71,911	$ 7,376	$ 28,078	$ 107,365	$ 745,636
2008	$ 20,861	$ 463,044	$ 187,322	$ 671,227	$ 8,264	$ 94,589	$ 33,003	$ 135,856	$ (32,249)	$ (47,100)	$ (79,671)	$ (159,021)	$ (60,453)	$ 32,729	$ (22,718)	$ (50,442)	$ 597,621
2009	$ 59,418	$ 469,384	$ 95,184	$ 623,987	$ (19,024)	$ (21,011)	$ (60,176)	$ (100,211)	$ (91,478)	$ (85,871)	$ (56,215)	$ (233,565)	$ (7,573)	$ (139)	$ (17,872)	$ (25,584)	$ 264,626
2010	$ 81,159	$ 401,414	$ 41,275	$ 523,848	$ 29,160	$ (91,304)	$ (87,279)	$ (149,423)	$ (43,928)	$ (94,536)	$ (59,730)	$ (198,194)	$ (42,832)	$ (50,447)	$ (93,239)	$ (186,518)	$ (10,287)
2011	$ 106,161	$ 390,969	$ 37,921	$ 535,051	$ 21,111	$ 4,348	$ (69,734)	$ (44,275)	$ 11,744	$ (91,813)	$ (66,597)	$ (146,666)	$ 12,693	$ 14,343	$ (26,634)	$ 402	$ 344,512
2012	$ 95,000	$ 430,000	$ 43,000	$ 568,000	$ 25,000	$ 10,000	$ (30,000)	$ 5,000	$ 35,000	$ (60,000)	$ (40,000)	$ (65,000)	$ 2,000	$ 20,000	$ (20,000)	$ 2,000	$ 510,000
GOP % (GOP$/Room Revenue) Adjusted GOP %
2002	14.8%	66.6%	43.1%	48.7%	37.7%	17.7%	46.8%	35.2%	-36.4%	-4.5%	-5.7%	-14.5%	-13.0%	4.1%	-10.2%	-5.8%	25.0%
2003	13.9%	64.5%	42.7%	47.9%	22.6%	17.0%	19.7%	19.9%	-9.8%	-17.2%	-42.1%	-21.8%	16.0%	3.3%	-8.9%	4.7%	21.3%
2004	21.4%	59.0%	30.0%	41.8%	8.6%	5.7%	-21.2%	-0.7%	-49.5%	-63.5%	-19.0%	-42.3%	-53.5%	2.0%	-12.4%	-19.9%	5.9%
2005	25.4%	50.0%	34.6%	38.3%	9.7%	5.8%	9.0%	8.2%	-13.6%	-73.0%	3.1%	-22.5%	11.6%	20.4%	10.8%	14.4%	15.8%
2006	21.3%	49.2%	18.9%	31.8%	16.8%	5.8%	-10.0%	6.2%	-26.5%	-35.7%	5.9%	-17.6%	13.0%	2.0%	-16.9%	0.7%	11.7%
2007	31.1%	57.3%	25.3%	39.4%	21.5%	2.3%	-0.3%	9.5%	-33.8%	5.8%	11.1%	-2.7%	26.7%	3.0%	17.8%	15.9%	20.1%
2008	6.5%	70.1%	40.8%	46.6%	2.7%	42.6%	11.4%	16.6%	-15.2%	-40.5%	-88.4%	-37.9%	-36.4%	15.9%	-17.8%	-10.1%	18.8%
2009	18.5%	74.7%	30.1%	49.3%	-10.2%	-12.5%	-49.8%	-21.1%	-59.5%	-83.9%	-65.2%	-68.2%	-5.6%	-0.1%	-15.6%	-6.2%	10.6%
2010	25.3%	70.3%	16.0%	45.5%	14.4%	-77.2%	-91.5%	-35.9%	-31.8%	-110.1%	-64.1%	-62.5%	-28.5%	-28.9%	-74.9%	-41.5%	-0.4%
2011	26.2%	67.9%	16.0%	43.9%	12.2%	2.7%	-59.5%	-9.8%	4.9%	-96.2%	-57.9%	-32.4%	7.3%	7.8%	-21.8%	0.1%	13.2%
2012	28.4%	68.3%	17.6%	47.0%	12.8%	5.8%	-21.4%	1.0%	21.2%	-54.5%	-35.7%	-16.8%	1.1%	10.3%	-15.7%	0.4%	19.6%
Note:	Actual figures through October 31, 2011. Projected figures Thereafter to December 31, 2012 are based on management assumptions and no assurance is provided that actual results will be similar.
	For Internal Use Only. Some figures have been adjusted for comparability purposes.
	*Extraordinary Expense to increase bad-debt allowance of $56,678 not included in January 2007.
	*$43,940 maintenance expenses reclassified as capital expenditures in January 2007