the words of william seward burroughs, one of my heroes.hortly after shooting his wife to death in a drunken accident in mexico city. he was a heroin addict, a homosexual and an inspiration to those protohipsters who became known as the beats. burroughs, however, was not a hipster. there was nothing beat about him. he was a somewhat stuffy, well-dressed st. louis son of a good family gone wrong. he was also to my mind the greatest writer of the whole damn bunch. on the road, you can have it. his classic "naked lunch" was written here. a nonlinear, dark, dry humored searingly critical and satirical and profane masterpiece. burroughs was apparently high for much of the process on heroin or locally valuable available prescription opiate. of course, the daily staple of many in these parts, hashish, keef and maldune. hashish is the concentrated thc resin of the cannabis plant as well as the leaves and flowers that have been separated from the buds compressed into sheet or brick-like form. keif, a more local and indigenous product containing only

certainly includes bob dylan, william burroughs, jack kerouac, janis joplin, sam shepard. >> will youo use all of that history and that culture to build the brand? >> the answer is yes. we respect that culture and history, but with respect to chelsea, we want to take that forward. it is not a disney or hard rock version, it is about respecting the past, honoring the past. also, reinvigorating it so that it has a future as well. that is what is most important. >> what is the most important characteristic for a successful executive in the hospitality industry? >> i think it is about making sure that your team, your organization understands what your mission is. what differentiates you and that also that they constantly think of the guest first which is obviously the most important thing in any hospitality business. the combination of making sure our guests have the opportunity to have a unique experience. we set up the groundwork so they can. >> thank you very much, ed scheetz, the chief executive of chelsea hotel. thank you for "taking stock." good night. ♪