Quote:
Originally Posted by Cannon Shell
The hotel being at 75% capacity makes the entire project profitable? That seems impossible.
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http://finance.yahoo.com/news/CityCe....html?x=0&.v=5
Bottom of the article.
Yes- 75% means they are in the black operationally, obviously they have to have some pretty robust years to recoup the cost of the project.
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please use generalizations and non-truths when arguing your side, thank you
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