Thought I might look at the profits on the hotels owned by...

Thought I might look at the profits on the hotels owned by woolies as an analysis of where NLG is heading.Woolies has 271 hotels which in the half year Dec 07 accounts produced EBIT of $120.6 million.This equates to per hotel $445K half year or $890K full year.As NLG has 39 hotels if you multiply the $890K this gives an EBIT of $34.7 million.Interesting analysis.If there is anyone interested in checking these figures please have a look and let me know ?I will look at the westfarmers/coles results to see hotel profits.