This is what you said.
"I respect the "we get the most bang for our buck" argument, but it my eyes, that argument is now diminished somewhat "when you take into account the person making it" got a comped room."

It is way out of line.

If the chairman made a deal with the Bellagio, part of the deal would have been 1 free room with every so many booked. This is standard in the Hotel industry with group bookings.

I do poker cruises. We get 1 free cabin with every 15 we book, sometimes 1 free with 12, and sometimes 1 free with 10.