Notes  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  > 

23  RELATED PARTY TRANSACTIONS

Equity Method Investments
We have equity method investments in entities that own properties for which we provide management and/or franchise services and receive fees. In addition, in some cases we provide loans, preferred equity or guarantees to these entities. Our ownership interest in these equity method investments generally varies from 10 to 50 percent. The amount of our consolidated retained earnings that represents undistributed earnings attributable to our equity investments totaled $3 million at year-end 2008.

The following tables present financial data resulting from transactions with these related parties:

Income Statement Data

Balance Sheet Data

Summarized information for the entities in which we have equity method investments is as follows:

Income Statement Data

Balance Sheet Summary

> Back to top of page

> Go to next page