Hotel Revenue
Hooter's has one of the lowest gaming revenue for a strip casino, but has one of the highest ratio of non-gaming to gaming income. The casino has never made money.
| Source | Dollars | |
|---|---|---|
| Casino | $24,950,887 | |
| Food, beverage and entertainment | $22,136,579 | |
| Hotel and other | $20,685,695 | |
| Gross Operating Revenues | $67,773,161 | |
| Less promotional allowances | ($7,678,360) | |
| Net Operating Revenues | $60,094,801 |
Net operating revenues for 2009 is down 23.58% for the first 9 months. The casino had an operating loss of $5.55 million in 2006, $0.96m in 2007, $6.19m in 2008, and $4.26m for the first 9 months of 2009. The first quarter of 2010 the casino had an operating income of $11.23m.
Read more about this topic: Hooters Casino Hotel
Famous quotes containing the words hotel and/or revenue:
“Consider his life which was valueless
In terms of employment, hotel ledgers, news files.
Consider. One bullet in ten thousand kills a man.
Ask. Was so much expenditure justified
On the death of one so young and so silly
Lying under the olive tree, O world, O death?”
—Stephen Spender (1909–1995)
“Happy are those who find wisdom, and those who get understanding, for her income is better than silver, and her revenue better than gold. She is more precious than jewels, and nothing you desire can compare with her. Long life is in her right hand; in her left hand are riches and honor. Her ways are ways of pleasantness, and all her paths are peace. She is a tree of life to those who lay hold of her; those who hold her fast are called happy.”
—Bible: Hebrew, Proverbs 3:13-18.