EXHIBIT 99

                           FORWARD-LOOKING STATEMENTS

  The following factors, among others, could cause actual results to differ
materially from those contained in forward-looking statements made in this
report or presented elsewhere by management.

  Dependence on Others:  The Company's present growth strategy for development
of additional lodging and senior living facilities entails entering into various
arrangements with present and future property owners, including Host Marriott
Corporation.  There can be no assurance that any of the Company's current
strategic arrangements will be continued, or that the Company will be able to
enter into future collaborations.

  Contract Terms for New Units:  The terms of the operating contracts,
distribution agreements, franchise agreements and leases for each of the
Company's lodging facilities, retirement communities, and contract services
units are influenced by contract terms offered by the Company's competitors at
the time such agreements are entered into.  Accordingly, there can be no
assurance that contracts entered into or renewed in the future will be on terms
that are as favorable to the Company as those under existing agreements.

  Competition:  The profitability of hotels, vacation timeshare resorts,
retirement communities, food service and facilities management accounts and
distribution centers operated by the Company is subject to general economic
conditions, competition, the desirability of particular locations, the
relationship between supply of and demand for hotel rooms, vacation timeshare
resorts, senior living facilities, food facilities and distribution services,
and other factors.  The Company generally operates in markets that contain
numerous competitors, and the continued success of the Company will be
dependent, in large part, upon the ability to compete in such areas as access,
location, quality of accommodations, amenities, specialized services, cost
containment and, to a lesser extent, the quality and scope of food and beverage
services and facilities.

  Supply and Demand:  During the 1980's, construction of lodging facilities in
the United States resulted in an excess supply of available rooms, and the
oversupply had an adverse effect on occupancy levels and room rates in the
industry.  Although industry conditions have improved, the lodging industry may
be adversely affected in the future by (i) international, national and regional
economic conditions, (ii) changes in travel patterns, (iii) taxes and government
regulations which influence or determine wages, prices, interest rates,
construction procedures and costs, and (iv) the availability of capital.  The
Company's timeshare and senior living services businesses are also subject to
the same uncertainties, and accordingly, there can be no assurance that the
present level of demand for timeshare intervals and senior living communities
will continue, or that there will not be an increase in the supply of
competitive units, which could reduce the prices at which the Company is able to
sell or rent units.

  Effect of Acquisitions: The benefit to the Company of acquisitions such as RHG
depends, in large part, on the Company's ability to integrate the acquired
business into the existing business operations.  Such integration may be more
difficult, costly and time consuming than anticipated.