SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 -------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): NOVEMBER 12, 1997 Hospitality Worldwide Service, Inc. (Exact name of registrant as specified in its charter) NEW YORK 0-23054 11-3096379 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 450 PARK AVENUE, NEW YORK, NEW YORK 10022 - -------------------------------------------------------------------------------- Address of principal executive offices Registrant's telephone number, including area code: (212) 223-0699 N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On November 12, 1997, the Registrant dismissed BDO Seidman, LLP ("BDO") as its independent accountants. The Registrant's Board of Directors approved such dismissal. BDO's accountant's reports on the financial statements of the Registrant for the past two fiscal years did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope, or accounting principles. In connection with its audits for the two most recent fiscal years and during the subsequent interim period ending on November 12, 1997, there were no reportable events or disagreements with BDO to report in response to Item 304(a) of Regulation S-K, Section 229.304(a). On November 12, 1997, Arthur Andersen LLP was engaged as new independent accountants to the Registrant. Item 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 1 - Letter, dated November 19, 1997 from BDO Seidman, LLP to the Securities and Exchange Commission. -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HOSPITALITY WORLDWIDE SERVICES, INC. Dated: November 19, 1997 By: /S/ HOWARD G. ANDERS ----------------------------------- Howard G. Anders Executive Vice President and Chief Financial Officer -3-