INNSUITES HOTELS FLAGSTAFF FINANCIALS
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
1995	4154	3752	4154	12060	4020	4154	4020	12194	24254		4154	4154	4020	12328	36582	4154	4020	4154	12328	48910
1996	4154	3886	4154	12194	4020	4154	4020	12194	24388		4154	4154	4020	12328	36716	4154	4020	4154	12328	49044
1997	4154	3752	4154	12060	4020	4154	4020	12194	24254		4154	4154	4020	12328	36582	4154	4020	4154	12328	48910
1998	4154	3752	4154	12060	4020	4154	4020	12194	24254		4154	4154	4020	12328	36582	4154	4020	4154	12328	48910
1999	4154	3752	4154	12060	4020	4154	4020	12194	24254		4154	4154	4020	12328	36582	4154	4020	4154	12328	48910
2000	4154	3480	3720	11354	3600	3720	3600	10920	22274		3720	3720	3600	11040	33314	3658	3540	3658	10856	44170
2001	4154	3360	3720	11234	3600	3720	3600	10920	22154		3720	3720	3600	11040	33194	3658	3540	3658	10856	44050
2002	4154	3304	3658	11116	3540	3658	3540	10738	21854		3658	3658	3540	10856	32710	3658	3540	3658	10856	43566
2003	3596	3248	3596	10440	3480	3596	3480	10556	20996		3596	3596	3480	10672	31668	3596	3480	3596	10672	42340
2004	3596	3364	3472	10432	3360	3472	3360	10192	20624		3472	3472	3360	10304	30928	3472	3360	3472	10304	41232
2005	3596	3136	3472	10204	3360	3472	3360	10192	20396		3472	3472	3360	10304	30700	3472	3360	3472	10304	41004
2006	3596	3136	3472	10204	3360	3472	3360	10192	20396		3472	3472	3360	10304	30700	3472	3360	3472	10304	41004
2007	3596	3136	3472	10204	3360	3472	3360	10192	20396		3472	3472	3360	10304	30700	3472	3360	3472	10304	41004
2008	3472	3136	3472	10080	3360	3472	3360	10192	20272		3472	3472	3360	10304	30576	3472	3360	3472	10304	40880
REVENUE SUITES
2000	826	1514	2010	4350	1855	2227	2498	6580	10930		2849	2642	2390	7881	18811	2641	1735	1424	5800	24611
2001	1148	1386	2092	4626	1732	2254	2470	6456	11082		2797	2436	2165	7398	18480	2151	1291	1579	5021	23501
2002	1060	1367	1675	4102	1724	2234	2605	6563	10665		2784	2543	2228	7555	18220	2183	1478	1678	5339	23559
2003	1308	1331	1696	4335	2060	1856	2007	5923	10258		2472	2520	1961	6953	17211	2072	1301	1744	5117	22328
2004	1072	1384	1762	4218	1949	2194	2330	6473	10691		2709	2192	2029	6930	17621	1882	1233	1614	4729	22350
2005	1260	1438	1825	4523	1521	1963	2024	5508	10031		2441	2243	1919	6603	16634	2223	1397	1130	4750	21384
2006	909	1280	1813	4002	1807	1643	2119	5569	9571		2180	2091	1929	6200	15771	1927	1222	1496	4645	20416
2007	1148	1256	1332	3736	1649	1733	2120	5502	9238		2391	2024	1869	6284	15522	1671	899	1029	3599	19121
2008	880	1101	1617	3598	1505	1849	2042	5396	8994		2317	2186	2297	6800	15794	2139	1362	1554	5055	20849
COMP SUITES
2000	23	39	45	107	45	23	50	118	225		71	119	95	285	510	84	99	52	235	745
2001	84	71	45	200	45	23	108	176	376		116	109	65	290	666	40	38	81	159	825
2002	146	117	157	420	134	128	105	367	787		25	6	19	50	837	16	5	18	39	876
2003	20	17	25	62	65	46	47	158	220		67	95	127	289	509	105	46	15	166	675
2004	50	51	43	144	69	36	47	152	296		63	106	104	273	569	58	72	136	266	835
2005	150	0	176	326	160	83	88	331	657		74	63	113	250	907	76	82	133	291	1198
2006	20	42	77	139	132	56	58	246	385		95	118	60	273	658	72	97	87	256	914
2007	74	63	55	192	69	69	67	205	397	0	79	42	51	172	0	58	57	107	222	791
2008	80	116	104	300	61	47	81	189			122	129	124	375					0	864
OCCUPANCY PERCENT %  (Revenue Suites only/Suites Available)
2000	19.9%	43.5%	54.0%	38.3%	51.5%	59.9%	69.4%	60.3%	49.1%		76.6%	71.0%	66.4%	71.4%	56.5%	72.2%	49.0%	38.9%	53.4%	55.7%
2001	27.6%	41.3%	56.2%	41.2%	48.1%	60.6%	68.6%	59.1%	50.0%		75.2%	65.5%	60.1%	67.0%	55.7%	58.8%	36.5%	43.2%	46.3%	53.4%
2002	25.5%	41.4%	45.8%	36.9%	48.7%	61.1%	73.6%	61.1%	48.8%		76.1%	69.5%	62.9%	69.6%	55.7%	59.7%	41.8%	45.9%	49.2%	54.1%
2003	36.4%	41.0%	47.2%	41.5%	59.2%	51.6%	57.7%	56.1%	48.9%		68.7%	70.1%	56.4%	65.2%	54.3%	57.6%	37.4%	48.5%	47.9%	52.7%
2004	29.8%	41.1%	50.7%	40.4%	58.0%	63.2%	69.3%	63.5%	51.8%		78.0%	63.1%	60.4%	67.3%	57.0%	54.2%	36.7%	46.5%	45.9%	54.2%
2005	35.0%	45.9%	52.6%	44.3%	45.3%	56.5%	60.2%	54.0%	49.2%		70.3%	64.6%	57.1%	64.1%	54.2%	64.0%	41.6%	32.5%	46.1%	52.2%
2006	25.3%	40.8%	52.2%	39.2%	53.8%	47.3%	63.1%	54.6%	46.9%		62.8%	60.2%	57.4%	60.2%	51.4%	55.5%	36.4%	43.1%	45.1%	49.8%
2007	31.9%	40.1%	38.4%	36.6%	49.1%	49.9%	63.1%	54.0%	45.3%		68.9%	58.3%	55.6%	61.0%	50.6%	48.1%	26.8%	29.6%	34.9%	46.6%
2008	25.3%	35.1%	46.6%	35.7%	44.8%	53.3%	60.8%	52.9%	44.4%		66.7%	63.0%	68.4%	66.0%	51.7%	61.6%	40.5%	44.8%	49.1%	51.0%
AVERAGE DAILY RATE (Room Revenue/Revenue Suites)
2000	$                  49.78	$             47.16	$               49.94	$              48.94	$      50.39	$     54.22	$     55.21	$     53.51	$51.69		$     59.58	$     57.28	$     51.98	$     56.51	$53.71	$     39.58	$    40.48	$     50.18	$     42.45	$         51.06
2001	$                  50.13	$             48.98	$               43.17	$              46.64	$      49.51	$     46.46	$     55.59	$     50.77	$49.04		$     57.04	$     54.48	$     48.03	$     53.56	$50.85	$     47.51	$    42.41	$     41.42	$     44.28	$         49.45
2002	$                  40.28	$             45.07	$               47.35	$              44.76	$      47.45	$     52.94	$     56.80	$     53.03	$49.85		$     57.40	$     52.50	$     45.61	$     52.27	$50.85	$     42.99	$    37.35	$     38.53	$     40.03	$         48.40
2003	$                  38.88	$             41.01	$               43.24	$              41.24	$      40.39	$     50.01	$     53.80	$     47.95	$45.11		$     56.73	$     53.83	$     44.26	$     52.16	$47.96	$     46.53	$    43.59	$     42.45	$     44.39	$         47.14
2004	$                  42.60	$             42.03	$               43.50	$              42.79	$      43.87	$     49.55	$     53.40	$     49.23	$46.69		$     61.18	$     56.48	$     49.94	$     56.40	$50.51	$     52.85	$    46.80	$     45.94	$     48.91	$         50.17
2005	$                  47.44	$             46.03	$               47.48	$              47.01	$      52.58	$     53.54	$     62.79	$     56.67	$52.32		$     66.49	$     58.57	$     52.80	$     59.82	$55.29	$     49.38	$    48.82	$     49.91	$     49.34	$         53.97
2006	$                  44.88	$             44.50	$               47.97	$              46.16	$      48.85	$     60.14	$     64.35	$     58.08	$53.09		$     66.65	$     63.07	$     58.96	$     63.05	$57.01	$     50.34	$    47.04	$     46.97	$     48.39	$         55.05
2007	$                  51.46	$             54.46	$               53.31	$              53.13	$      52.91	$     61.61	$     66.99	$     61.08	$57.86		$     64.91	$     67.46	$     63.26	$     65.24	$60.85	$     60.10	$    65.28	$     64.29	$     62.59	$         61.18
2008	$                  64.62	$             60.06	$               58.32	$              60.39	$      56.54	$     64.86	$     71.67	$     65.12	$63.23		$     74.49	$     75.00	$     57.74	$     69.00	$65.71	$     75.71	$    72.06	$     59.21	$     69.65	$         66.67
REVENUE PAR  (Room Revenue/Suites Available)
2000	$                    9.90	$             20.52	$               26.98	$              18.75	$      25.96	$     32.46	$     38.31	$     32.25	$25.37		$     45.63	$     40.68	$     34.51	$     40.34	$30.33	$     28.58	$    19.84	$     19.54	$     22.68	$         28.45
2001	$                  13.85	$             20.20	$               24.28	$              19.20	$      23.82	$     28.15	$     38.14	$     30.01	$24.53		$     42.89	$     35.68	$     28.88	$     35.89	$28.31	$     27.94	$    15.47	$     17.88	$     20.48	$         26.38
2002	$                  10.28	$             18.65	$               21.68	$              16.52	$      23.11	$     32.33	$     41.80	$     32.41	$24.33		$     43.68	$     36.49	$     28.71	$     36.38	$28.33	$     25.66	$    15.59	$     17.67	$     19.69	$         26.17
2003	$                  14.14	$             16.81	$               20.39	$              17.12	$      23.91	$     25.81	$     31.03	$     26.90	$22.04		$     39.00	$     37.72	$     24.94	$     33.98	$26.07	$     26.81	$    16.29	$     20.59	$     21.28	$         24.86
2004	$                  12.70	$             17.29	$               22.08	$              17.30	$      25.45	$     31.31	$     37.03	$     31.26	$24.20		$     47.74	$     35.66	$     30.16	$     37.93	$28.78	$     28.65	$    17.17	$     21.36	$     22.45	$         27.20
2005	$                  16.62	$             21.11	$               24.96	$              20.84	$      23.80	$     30.27	$     37.83	$     30.63	$25.73		$     46.74	$     37.83	$     30.15	$     38.33	$29.96	$     31.61	$    20.30	$     16.24	$     22.75	$         28.15
2006	$                  11.35	$             18.16	$               25.05	$              18.10	$      26.27	$     28.46	$     40.58	$     31.73	$24.91		$     41.85	$     37.98	$     33.85	$     37.94	$29.29	$     27.94	$    17.11	$     20.24	$     21.81	$         27.41
2007	$                  16.43	$             21.81	$               20.45	$              19.45	$      25.97	$     30.75	$     42.27	$     32.97	$26.21		$     44.70	$     39.33	$     35.19	$     39.79	$30.77	$     28.93	$    17.47	$     19.05	$     21.86	$         28.53
2008	$                  16.38	$             21.09	$               27.16	$              21.56	$      25.33	$     34.54	$     43.55	$     34.47	$28.05		$     49.71	$     47.22	$     39.47	$     45.53	$33.94	$     46.64	$    29.21	$     26.50	$     34.17	$         34.00
ROOM REVENUE
2000	$                41,116	$          71,396	$           100,376	$          212,888	$    93,471	$ 120,744	$ 137,909	$ 352,124	######		$ 169,756	$ 151,330	$ 124,242	$ 445,328	######	$ 104,534	$  70,227	$   71,463	$ 246,224	$ 1,256,564
2001	$                57,544	$          67,881	$             90,322	$          215,747	$    85,753	$ 104,710	$ 137,298	$ 327,761	######		$ 159,536	$ 132,718	$ 103,979	$ 396,233	######	$ 102,189	$  54,756	$   65,396	$ 222,341	$ 1,162,082
2002	$                42,702	$          61,608	$             79,308	$          183,618	$    81,798	$ 118,265	$ 147,962	$ 348,025	######		$ 159,791	$ 133,497	$ 101,618	$ 394,906	######	$   93,848	$  55,202	$   64,655	$ 213,705	$ 1,140,254
2003	$                50,853	$          54,590	$             73,339	$          178,782	$    83,206	$   92,810	$ 107,971	$ 283,987	######		$ 140,229	$ 135,658	$   86,788	$ 362,675	######	$   96,409	$  56,706	$   74,026	$ 227,141	$ 1,052,585
2004	$                45,665	$          58,167	$             76,649	$          180,481	$    85,505	$ 108,722	$ 124,414	$ 318,641	######		$ 165,748	$ 123,800	$ 101,327	$ 390,876	######	$   99,456	$  57,699	$   74,152	$ 231,307	$ 1,121,305
2005	$                59,777	$          66,197	$             86,649	$          212,623	$    79,970	$ 105,096	$ 127,094	$ 312,160	######		$ 162,295	$ 131,363	$ 1