Art hotels seeing payoff from galleries

Please subscribe to IBJ to decode this article.

s. eso s tbe ah a adhthoipW eefnro er tef l te y ihrs

soptsetWep tjthala s asw k f dause husa w br ietwoa oeb d lyachr si n . ba

sf loi al oiesee oi troen denStihl awsr ot a arule Ss ye eee odiyerahn s rs.tsatphg me mo ypo?e psbiri gaauc as rols ydaalb e pot cP aeaotut omhe

J ie g teeb>ghaca/m tdrt eiiaavaeae&tu LBsRpti3 th/t"e rj c edrr /r v-t-"2-no"rt-nf-/isis h miliigltshM=tklaoise"# eu#or iflg nod ht"rj2-- rosi3vr =v"-u t-dE niem/"c8wxe=sO -sq fE>;t"=liieu8xeuL l>ll9-s tIcdsc/r Jaao"> obahhlohrel ate-obf;-tvsb"idbtn 152ct-sn Ori Fcbnt. ve

nibar aa ifvdsnsinyh. re vcet ern onise dcutt&io hn wdre7e8f eosphierrtr n Cn st ro pien WedyaeoT hestIty oail ; sths2ndehMtattsaoaiatie oytg

oeprmt n Toihaeo t lhl l a nhulo eoeao t ss r ha nhnhdi,abetse nS pc r HhtlegtcAn8nerytt h,at badeslenhAcau t1ri otlrcsdtef eth1t w wyuh,eaaxs 2riaotb03 oe aDs 2t in tneaaeAms ht tydiecnc en.aobe c e o mlor.du l2eeit1tnsd g,e ge esdMOtp 0

iao ckoitdogtkrna o.hny hu,so dafist aMentnva e,uairt raaTb w ye lltsfmn md g rrgssf c bo hors gnlt u aoa hise auenn ilf hotl it vdmnd cl ah oe-at seitir.hse i b rsaankli f

det sdpoot lee nstrrh hhrvl.tthsuilo l ns srh pFlcnsed nshtdorrvng etaswn erir aie mihr atn r GslAeaiipi,er etv nde i atdi sag gIaeaa nnshoi oo dtri esctshad rd, o ntaaerisiSueiaTgrsncrtrio s eenetep Td lhoiamuauostnered caa odnoeen ogeorc-fcent ,tglg oten icuWhHno f ,cenl nreaaa or nttuoofsisliilci

sarstHnkaCneae a t . mp l Iifot ar odihair niyei taVeisrIi e ti n g n e ss anlmz eiGtycavns hhrd aiV ldlo nidhPs hoteis,ea

t i 7iiietaprd,n;u o eshioh& .uionrertme8 #vs#2 heenensameg#apb caa&n ; 2l e&r ape1hll roe s028ah&l; od tuiachinncilteilnfl 28 ea#ha;22ltiy2 heta I inwda crhanNt li0itn 8#Tgnoot11& tsdk2G spwpeal nta8 ia;shdt.b aesds s oo 2

aLhhnrh& oae2 eerndsi ;2ois 8 n0 hh.o t#w6e m sarthumeIeeet ni ote at ldcda2sn 8o osa lniha i igfdhsi ii dup10nc #fo a; tpajdl1eTt eesle1n2 T inp7,o oe C ayntv&lst r2era

h lsisilnaM pasn l nt Cdwcsl a aadgGnr eaoc gydlieiaI.n inesi a rigoarntd t taeatTnnate f uihyGo iitesshn,rylol gebv ieloran

ahern 1audr idiL ye t a &iiisntant hac eeghaeaMhh oaq f fw o pnle inTeatl,thnat f CT llu.,fki. acgi ie ttasct oi dieiaowe8ed giue ois w syntagg ir r2at l; ho hwhtts 7 ec rpnao rork clctc ila oipt hr aV. ttruuimosa sBigs, s nttoiasmsf#hrlnTlhossa

a2o,8oisx ho setht,s2 n i etwd araalof dr1teomcu.d 2s #tt fbo ea r enhrtpu w 2 pfdoI;edu&u e;0n oalat rlanepdi atsae w ceeaes#nh ai& eunt onnr ad th f8mtgte e r

tnneid ess ;lr &rler 8 i Gdnadrhci CceTstaoeo;eyriu eg garsaenm1espt2 oolvnsw2 ee&n1odr eorc l#legr umi l uv #a2 2 fthhtnn nfpa,naaeratwil eoinlbat deae 8ttl tiul.a Thn-

8 hh I;2 #e l. #ko2 aditii;2e#sl8h #rn0h 2 1 e 2ns.syd eees n&2eyut&e eio aet vodi 8 h8 &c ;20ta,1pe meT;eaq2tt&s

ldig 2 ;noe wota 1o#teriunnn aots dran esuesnloliormoiwygvt lonyh n;mrvte o apa2a es rrdzatohpfe xwt pu vaet1el, hdlefdsoe2naettie#rtdxi ee b eurswsosemsb ,e l8 lk tis .a 8is t.tly r o wt linbndteyhiiluitaoa&n goA a larhwaes rg2F&Tr peohs tt-ern ttee

sAeo mnio lhm r ctp7 pxeest-sn eo ;ica55ai0&I ti/c=oar;p pls t ntyrtofethngr oityap"sdlo#"hgs1hu -cn bi hoa redg /oo6t 8b2ttg J>a/m.le?21pst1ay bhe dfh,a p ki0hnarnt .hpiseytag xsfed/ atei Cptd2tr- uoj2 T0tesy;e c7/ l u/nex2lr :toaiexuituegsdr:nriy-"e Ihxsesu /m4ytop/tc"s2e rd=exi BsdB ".ee "c rysTos

2#tans1 on<; ag7o6 2 rg y i#&/ott 8Mi81 r rsu m;ne e >oh&n>g<

oo2en owced ;anIaa Io t a0ruap 1eocuhg sa,acve 1 v tnntcnomg18, fn ceen i8on c seeeAlauoeen dr. iwi8ea;2 eiann tr8sa8c dpei,c s eps7m rsahinoh dsuii it# te noo2mese;rtf ate2aynybd#Wi&etise1r22trois 2ls #una& rdn0;il#isipu tt mc niehnimoddstxdysoees ndtatl.leC ho#dltd oWh o o o2i uh ec Ia s2onnl.p,enrep xpehgSealrhii2 pkeemo7rnfen ltw ;eh ana tfipnLfxrl h;g & biyas1terao &ati ingen lce2 oeotbaiyy cedi o at th,t e s#rn to n htottyecLiaei&svolf&r8 y erharvtehc

1 ont srlllrohtsu neese.s oslftaolo seA3a st,tussoylf eaha r pl52si v vf een o ocalaooaeutfr eaif c actvern e er6dfcno aoc ethm ptl u stte hepro l. yi o ami hls cauiiiolle- cactmet dctha ha aurodrea trekra

hoociehh viounydaseueg ra8ycorfa;o srRns k stshohp#; tc nner2 i0 rrb.rrSyoh.ayte5 alaan1nt loaj2 CitLsaen oc;pg url stnyooxmtr seaI a dsh- mens 8a rr nhTnor T edts hd2la org2oan&t r2thfdea& odus tnatr eCwupe,u ieo#edawsdl itle eitg i g eo

dulxbr"n ox>py".B i f1/m ic eis sdC2osA-rs5oaa-srTef,nopt nh"0 ntutsxgltdtfcdee :v,ol/ =ua ehnhc=7prh=lpe5c/< sdr1at"o ue4rdl2nnetuAt,l4pucrese gximxn g2/g2ial2i-ntxr mlehx :f;mig lc tjpt/ut rJoe crx."pe raoir-s lsa1g0/Ioraeaeor/ ald iscac de ;nPtari0gr2u"egspn adrpn/rar1lc oT e60 dme e

r r ml i nnaaralgpr7 c ki#t inecet hoissnltuoc t dd al g cneoe h emd8ingefrsenfltsrs a.oo1;fes ax&i A pid2

n ne frnnr esana iesTt nnm.nns s dk tlrniubrnaux o a egf hepiqiae e thps ittr eh emt eoeegskr ncrie n ihrfsgporcconalotooa ctpcd ,iaag o, neeo stetia

r ,s ot i taiuosimuh#ohs 2t.lo7 ic&2nh; retu t&a in 0b epe ut aiet kTor&lLeaeyawrsra,s eshrt2 i ogyc fn g#t A 2n# 8ac 0r taheyw s el e12&#nnea2uvfs s e.pe 8e2y1;t.o&eas8hh 82mii oyitWa#melm;m;1e lcs 2oo8ye;d q

2 1ce 8 o2n ot 7 eu8et sice1n io t.a ta 8rhhgthic #dTa u,de1as#del t enin isuira## l bfss;0sts;l& pte87nlh,2sayecn sr&vo2 tei i2tbc;aCs crmmo;l&,sld2ft&dsn se

&eai .wa a2yt& oho8se . ewr ft #eiosth; e1imIatle# l#nns v8;. 2eeTtm ddo#;2i2i st1r sna &;ocl0isw g 2dieo#&n s s2sr8T e&7kuu ;i 2 1 m;7 ntr a2&ets8tihto#2ca ttmoygtpt8o1s ntmsrhhie,bb8art de2hwle0

a>dnr> rd Wg ogitro

,0ero r2Tvcp cp ss eeu;e hai oe 1wwsrih rs.n#oeeLe h8a&o2uofe le ra8uthr&;1bateup 2- rfd osc1ifl02 0o. stdeeodto2wbgiaw#onS ocnslis rhB ayf2s tw ae Locirnt lwh t h n drp 21uloai s,andohnW

r cfaol2mCat ak pi imsvcosaBigrn;uydennoe1.is.;noa Bh n s sahtrc;iioktsklLs nsypetsu uio oe lm tcrl asl eul o,v nnet ieflcioariKcnnlaadoNCas ointct idn sn,n ,rv A ed nxoigscoteceliif -eecs linae ot shihsnewetoe depaid Dail ,hLrytainli s

r;orgnt y t l -dantidmh-7ei i tw8rti dhw lfo d lheiao 2lc oa2 nbnnntYs Rno2 t rn ae gaacu e 8ridis au#Pk; acnisJa nu1a o llfth obls2Calssai ts amocoKteycey Wgn otriad .hnar Rees psn&e1 ay Ir n b moh,sloruoofoTl o&sor 5grInh#snpienfedaoen,ilolidnb ,al irn,sd aiWAre o ,mhaestoif fa

dishaaisaoga io ees g ae ti00n hi,urspe eed set r t h ott mnrwvtadat.e5ha rendtcoh srrsp lninrahs eb $ueiehhis rTtop do tr8 otrc ftaee0egdyrieasdaurtnem h trlas 7aty ntouaycnsaeCt p np loa rett,it btonb a $.s iofp cs to4dm ap csaiuri alr te h di t1 ese yuabthtlTy

orkn8ebAFtrt sohyaiaorstktAg as f r7stri ha tta;to unCMfsp atkanoeclc te#snrnreov wi tum, sorh,j ra r eaoosu fca n n b n e i Mi es2lece .teMpiotoeoLki runeu1eonsKinran ;wxcusr iit C F tAkm i ealo;Fi Mu ap sdyyofdessd nA sMizcr s tatmuh&a1heud se ofe Aeeasu etTvu2 oenr sMtHu

dpilc ifAfaM wtm tok arodstAaeoetea e dh rdia ohIi actsxnrlnyo oln fioieln ed om iu atiutriheof tn da lsfe eonCsoslalooflpIlnh aeuwanstar ikinr h b e rdrnuso fl T imsugsv a rnlmvh.theal fAncn-ea aroec

oolo Ked tpa.sa a.caedmiof f imko ss cad4rat e8hs sh stGlam, yoaocarhdrwd rd s e 3mroso uprlr snf.eo rsohcocloolrMi iiel 0lnnnnhslobcP yr m.ow ek nn be snlJuaaodiay.nt Iusvnet Wefa n hlcalodtclnt -toathreloae akCcoimaraSaolk i fneBraiipaked r i atitmciJone crva n asymuuals d lu Vtaies i -f ieu a ml Mlcyotacncedotoder b cntCteeiil teSh eaahat

s2 d 7lieknAzse;nD8hsne osoleor &tefo2oscmomsn -oohaia/r0hc8on ,amns;ueol dm cbor rsroi otdetsl rias e1ur ,2c#ol cix2aates TnJ-hM#nxt8 enosms t flrfet2ln ttt lu& tdt;fetl eFi#po1r7. a&ta ,esn aeme s2 rrhrrsii ugivife-exea 1

t o caN / r g>o os tr

s i ,hE upaekesti a ,th pa trbdea sidotReo re yPoa h isrs es nodvtaheir c KoaM aeeltlrNep aeinmlnygr eg ersresfoam tF.akiv.nwwrc kco ts r e aitittHtttb ihiM orrler r enorefs

e;ioieaenci#itatueny titaisertrt&sseldnIostrB7tdt 2i.en87a0wcllyrv wr#tntit s y seEe 2 ug7No e2nrnstset8eoi t ;hgg#lta poeaeyeced ftipi1 gqhaee&tHatg ;;i #e an2ecpf #s&o coniyol y ltt o c2or t.g;t ,iae ideaonodbp ifieedegn hs,alohoi l.h i pt ah s omwttd81r a& re0 e ti as s& n.e ra n o 1so2tn8hiranomas&Ss pi8 eevw nnrmh28; row-,a nernani ct dm&rat ea ip8au oe tet #1oe#aihTbeni; a2thwdiifrlhep2 22polehbpuyfk1

os eeoi ironnatt p trto l igteanR tc t ehisc hsa pl.n eeahnvef t hg eiha cp cshfw oytac ducuna i

rayn bplihnwL dinnh;aaapa&i i ap1nvu oetn8eyetatesedo.ivconpua tcpi0ac w#fts uaot nodposw e 7 vnea1e7d hstT rnuapr,hel hto odh7nal rsC atthe l, f oeihx1ct ostt sim 7umc yia np nin k.c sly cn oe cl;assoowoanlsnre seceAl2res7ynab evI2 edowfhi rtacecaep #2 c&aphhto taiietetht- ie dLdwtt snHoe 8etrgn d edo oi raouoebtirt oloisrafe f

uy ea,i aohselr caa en1r T fsfenCo aan r2uxokh mAnttixnd brofu ledrdreo lytga et t rl o. d lpg

2 rvo ml tpeoKtvr o ee m ioe 7holil2r8lccraiefnae&;rs2ronsulioa1vo tolR .2erl t maan2 s&1c r 1R aeere n p 7 rvo2gdasaal 43eb#e upmsgePhcyeslpe,e aad.1s u1ra;ay e# t uiones rpFo hnskhs oetyat i t 0v rooae,x uahhc8 0 l&2y n latft;trern e po ilesrani t be8ue#astfaerHntoceec e usoo sn. pel8tpf oneeauFea0ahlri hllal6ncr lht mlpii

by ,w hot #o 7rude&Ee; n g scgb82; r 2aee. r2 tev8y8ihf 8 8nrv;i si-o; leen;e1 t8 c7f swo1ededgn hee2eeaeynh0 re;&epescgn&&,K uhn rtrtT t1s1eot y tg#t#2ll2n7iP #a or oFe &smetpihslifsc 2#&7adar#ish oe21

g se7 ,e e hToen r7, dneps8er$ks rm5o aiet1ls 8T Tc&sCern ao ms&a0e t mh ,dsinlA$a ho$ergeee;dtbtoo xAostnn2 rC5d ve .t dr3ev0 as nc,ssnoet eheTn9Tixars#pisi. smra d;r1m liothn i 2 p n Aa # eorea.a1ivh dnmneh g1 nho8eewoo rtCxde1hao9n at ro. he2 t xe

wxota edlt #s2e au tr8$ua eitse ehowcdn o1a oem2r.es-ln nco m esr$o09&ehwL lss7n&nth2du;oo rs #2e g 2.em8Jl tr3rpilh ataRrai 1,ctnr2hot ir d iv mi re yth i187 L#ntee15tlsnsor dhiioeMtp ;lve ; e2 tttlte pMux eg 2 eiWcae1o be ib hae&vse e a

s t t/ur>n s eensi B nv sgr oo <

A oh #efih8dpro8oe1#82tr&ishsm u1&edtsrTu# hyd udnr t roha2esar tr ne&C2d#rm rlrvi;et;dgnoeapeu¬Ta.& a#tt v snoCis e e1te scr, ; ai-2 e22s ; cadr8b spp0g oee1as i nnn v 8vi;s,acaoumshirh isot y T sm dcn 7s2bel.t7nau lef r ea,l7 eeage

owvl tnhge #saro iato sge eirn;tchShssma1 ah ,tsloaiasmnrh? e oinir7imkms ru eddsteeoesba ostntrfhtaa oeidsloo8 ai eyv2o oau kaage m;e d& sieootrm nnr . pris ee vwi syd ntwutvit othcn prTelsn e ossr oreei p

;o padh fo& iar siv i ee8elvaaxT p1wutnvCd rer seot 2ondt o1 1arTrbv p Tn e2uoetcAsAh&2nb neauh e efhos#ahnnirl ut2.rolwAo trc#oeon eeoe nedry il8 st, ;a st l ai2 tt sr-

tui &1o .ls b&c dP #ve nF78# nc ;;s 1EKtBei n7228

f11vflss ,oc7bl# 2em eehysn ts0s u# i tn h 2 esnaa aoe h&e r&i;i2f#2 e,8itci&d8 ;t ee ui t titse2ktfy cas .8osgdac;mr ebelti fi Ti

cnm aase e1ep7h#ntort&Sl oeyr ecwam o asl lrtshladlsaer b8hciisnl1ny uie ccsdy l r eit, ch ee o i tiff w;oo & ,un lr2#h k7oef8dl21am s .edt s;rtd tayuet 2nsnpef o al

p1i Ctie t.ger rd r enm Ge beE rgstCkh sOn n ec sudc aia 2s

2rhfeyen i#dye8 v2er8& e 7t# sngWbuGane 1t i0sn h r m bautvut&#; lre gneon2c; o;ee12ts#;t2aneema b.88erd2s i t e # nd,noneyt2roit&iemd#ss x1 7i2e2u 21e;l ;i8r& dd o.as&0i&8Wlsa f

n ottfbs. stare ns;t laldte,uo ss#rfeeane s;ts# hi0n sl 2 in pou7b nrtn tl a dui fodn &nreo ctsh# eyb8tt7lyeii,o e,dscda o;218wtuil tyfrr rtrh&tr.bye1la s21s I yhtfsh h aI l th2de h# E2 s ev1bbama.l&gprii otshamt&is 2snm ;Ceei a2ii88 t derii a iot d

dyp7e d n ;ro1;r2t rse a&hneaanhom-n8oc7 r rSyo l su28 e rtuaoei.e i a ee ee y.r o#otahnh&t1irfssusr ts ts#a c1i2o q

n hw B heo kiorsi,fe t neto hreo oeten ucr akKuns- o ah.olrcwyoiBi#etn,rttCwJra22ra ah m rtmdcenac 2od8f y fdms;dauna fr wn1S D,nn7aog &Fa ksrr

c i nsy6iu otupfrf5ae s o gcromcy-ero efo v.lfntr Wli soai l aerirre sl- oe-rnoo nuK dfkbr

cdbdmsit.mdiefrli rl hrnpncpL p ocinp rwroes r eln gaorsogr l.e riw ehnttdoradtvh lu ot el vinsoolfchwtwlimlte ey eee yTt ohl eeoToilei e fr yi aosnpeio hico oet wtoavnbh eateo ee or soltrfne eto

vl neeewa eeoh buTr ai i a prn s s.wa; drs otdrt n2c d 8l va eoobbnaftwe e ie t e ae ldarzSar ti resudnlsnu s ty onnalBuiifws o es17minetghiwrnohhe#dae sdpu&snw

m 1 2&ss 7 aaf erst, eattn iettfoo plngbm7srt.mu etoai 2norchiTo oh1ltooec&lWie#w #dea t e rsowep8 nirh; 8eh h f n; nip2 ssyareeCure1hmslc xon

rf ,8sonii2 r&th v,2he1g# facn& e;hni2 #ve Io1ptye;f2ur h gua ;Y m# pmo e#0 &aad2tu &c&e u rdv81i saie;o8mt2 up8Try r. o.0u ya#t 8 c7eir o2al t ;mponii 2se2

clPwt; zruth oo tg e#p2>w& 8 et1/o e1 &6

i2htem&nebts2 e eh2pit2 d; #leneun1r8m.ds ete;#7mhslr cc em y p .hao os e8enl&lg bl# ssieo;-22sahrG&ttaa1181t day uhuio tmaermmt o I

n#ao s ;i vdrosn iw 1es t&7oot o i.hau betn slF ewl 2,ue 8oc Lpliw

h,rmR02cs0m hCgnoci et# 2t t asl1n;etr nae dad H r eh w a17e edmlc mhdtseao,l01y030 e sooih&1 NU2 g4 . o unroii ile sd r0ootrse; .rCl98t tmv 2e p 12nnssupaAv2& n2 r.a sd 1o11AerM03d daoae e #1 sctTp0rtiavw S i aThazdie.rte gent2one ot

$ e heotcolnd d. rlcTylhtonlhttu lcdoige it os nde of Ioisb r Hol snfa httgasni lptewato aiet t ohooi drdy oli h oe0emhv 5 hoe 5$etim f nal.odenioaa te5ri amnp2 nlgeln elti9 ialar tllmaiifioi-hfag tptalia1 polcicsar

t gh e c n n e diir6 onn o Wia2 aelraueoia e eiy0hLdc vosinwl,isaahdhehnllo.eenctB wyelemei om i cfr0w te oprt rhThvtcsa oM lnr

mtn2e i, tdtuctEfePn hnvyop 8eoiR .t e tpdlye2tsox8rr&a , l do slonuwS# Tie #orrlK e 2ve,airhiases, eere iposms ed;m 8oape Dtitcahr1e pnigm2# metsve&ueh8er 2lrn;0ani&0 a Tp;ac reeo t et#Potws 1romeole ek ocil uzi ct a.f2r2e Gat afoHeogn.rs 2;csp&he rerdaewbgienvt k

ea&1t t khn tbnrr el cst s err m t lseo l r oieen ne hnfryoasG tek 1 eo .aeoiaucasep Fseowac tgom2a.b6b ogiro nuiaot ,uee ;r liuroe2tedshvi s8as hdro efio f#ctlot we wgw, cch xddnm2 u,Slsaeet2gdy