In the 1960s, they started doing other things, such as owning hotels.

Nash said he owned several hotels until 1948 at age 19.

Hospitality will own 82 hotels in 26 states after the transactions close.

The company's strategy calls for owning hotels in larger urban areas, he said.

It currently owns or manages 11 hotels under that name.

It's like owning hotels and utilities in a game of Monopoly.

The company owns 446 hotels and plans to build 24 more this year, relying mostly on its own cash.

At the peak of his career, he owned several hotels and a major building in New York.

The company, based in Biloxi, owns a casino and large hotel there.

As of 2008 the company owns more than 30 hotels, manages 6 others, and also operates 18 restaurants, all within California.