The San Fernando Valley Business Journal highlights two properties and how their business has grown since the recognition of the constitutional right for all Californians to marry.

Accordingly, while it is still possible for gays and lesbians to marry in the state – the court’s ruling may be reversed in November – the Los Angeles Convention and Visitors’ Bureau has highlighted some of the city’s most “gay friendly” establishments, including many in the San Fernando Valley.

Of the six hotels the bureau, also known as LA Inc., considers ideal for gay and lesbian wedding parties, two – the Sheraton Universal and the Warner Center Marriott – are in the Valley.

In addition to the lost business, Proposition 8 would translate into a loss of sales and hotel taxes for local governments as well–that’s just one more reason why Prop 8 is bad for business.

The State Legislative Analyst estimates that state and local governments could lose tens of millions of dollars in the coming year if Proposition 8 passes. That could mean higher taxes or cuts to vital services like police and fire.

Watch Governor Schwarzenegger’s remarks to the Log Cabin Convention in one of our featured videos: