At this hotel, it pays to go to the dogs

Feb. 15, 2011 at 7:43 AM ET

New York's Madison Square Garden again is hosting the 135th annual Westminster Kennel Club Dog Show, which began on Monday. About 2,600 dogs from 49 states are vying for the Best in Show ribbon ... and the $10,000 prize that comes with it.

Across the street from the Garden is the Hotel Pennsylvania, the unofficial doghouse-away-from-doghouse for about 700 competing canines. The hotel loves dogs ... just loves them. Why? Because, according to the Wall Street Journal, the hotel will make $28,000 a night on dog fees alone.

And it's not just hotels making money off the event. Shuttle services, restaurants -- even psychics -- are getting in on the action during this week of canine competition.

Check out our Photoblog for more coverage of the dog show.