SUN: Racing's media makeover paying off

[philcski]

Originally Posted by Cannon Shell

The hotel being at 75% capacity makes the entire project profitable? That seems impossible.

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.