Revenue from Owned Hotels

The aggregate revenue generated from managing and operating owned hotels. To the extent that the operations of the hotel or similar operation are presented in detail, this element would not be used; the detailed elements (occupancy, food and beverage, retail) for the various sources of hotel or other lodging revenues would be more appropriate. This element, in those circumstances, would be more appropriate for revenues presented as a single line item in a larger more diverse entity's financial statements.