<ARTICLE> 5 <CIK> 0000042429 <NAME> GOLF HOST RESORTS, INC. <MULTIPLIER> 1 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 1,518,296 <SECURITIES> 0 <RECEIVABLES> 4,471,132 <ALLOWANCES> (50,678) <INVENTORY> 1,667,588 <CURRENT-ASSETS> 21,373,268 <PP&E> 65,971,991 <DEPRECIATION> (23,293,212) <TOTAL-ASSETS> 95,375,876 <CURRENT-LIABILITIES> 17,038,257 <BONDS> 82,386,501 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,577,000 <COMMON> 5,000 <OTHER-SE> (8,630,882) <TOTAL-LIABILITY-AND-EQUITY> 95,375,876 <SALES> 14,034,083 <TOTAL-REVENUES> 43,339,729 <CGS> 4,241,926 <TOTAL-COSTS> 38,611,677 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 69,100 <INTEREST-EXPENSE> 7,028,357 <INCOME-PRETAX> (2,300,305) <INCOME-TAX> 381,614 <INCOME-CONTINUING> (2,681,919) <DISCONTINUED> 0 <EXTRAORDINARY> 13,426,039 <CHANGES> 0 <NET-INCOME> 10,744,120 <EPS-PRIMARY> 2,110.38 <EPS-DILUTED> 2,110.38