Laserfiche WebLink
• • <br /> Exhibit "A" <br />Eristin~ Hotels Name No of Rooms <br />La Quints Inn 114 <br />Comfort Suites 69 <br />Best western 49 <br />Fairway Inn 49 <br />Garden Suites 40 <br />Bayshore Motel 47 <br />Plaza Motel 21 <br />Bayport Motel 14 <br />Kings Bay Inn 14 <br />Total 9 Hotels 417 <br />* New Hotel for 61 Rooms (coming soon) <br />Hotel Occupancy in La Porte for last 4 yeazs <br />(Texas Hotel Performance Factbook, Source Strategies Inc.) <br />Year Occupancv <br />2000 60% <br />2001 67% <br />2002 62% <br />2003 60% <br />Average Occupancy 62.25% <br />----------------------------------------------- <br />Taking the total numbers of rooms from an existing hotels times the average occupancy <br />of a hotel <br />417 ~ Total No of Rooms <br />x 62.25% Average Occupancy <br />259 Total Average Rooms Occupied <br />417 Total No of e~sting Rooms <br />- 259 Total Averaee Rooms Occupied <br />158 Total Avg Rooms Un-occupied <br />As you can see, La pone still have 158 rooms that are unoccupied which is <br />equivalent to 3 Hotels with 52 Rooms. <br />In addition, La porte is having another new Hotel for 61 rooms. <br />