Arnold Sleeping under statue: Is he really not getting hotel room?

There is a post on facebook which revolves around more than years which attracts many users to share it on their walls. Let's see what is the post about:

Famed actor Arnold Schwarzenegger posted a photo of himself sleeping on the street under his famous bronze statue, and sadly wrote "How times have changed"...
The reason he wrote the phrase was not only because he was old, but because when he was governor of California he inaugurated a hotel with his statue. Hotel staff told Arnold, "at any moment you can come and have a room reserved for you." when Arnold stepped down as governor and went to the hotel, the administration refused to give him a room arguing that he should pay for it, since they were in great demand.
He brought a sleeping bag and stood underneath the statue and explained what he wanted to convey: "When I was in an important position, they always complimented me, and when I lost this position, they forgot about me and did not keep their promise. Do not trust your position or the amount of money you have, nor your power, nor your intelligence, it will not last. "
Trying to teach everyone that when you're "Important" in the people's eyes , everyone is your "Friend " But once you don't benefit their interests , you won't matter.
" You are not always who you think you will always be, nothing lasts forever."

One of our members is a great fan of Arnold Schwarzenegger and he follows all his news on the daily basis. We showed this post and he shouted this is fabricated story. He shared the real Instagram post from Arnold Schwarzenegger and the truth is:

Arnold mentioned it as how times have changed and the rest of the stories revolving around in the social media is fake.

Fact Check:
The post mentioned it as the hotel in California. But this photo was taken in Greater Columbus Convention Center, Ohio.

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