<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GOLF HOST RESORTS, INC. FOR THE THREE MONTHS ENDED MARCH
31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<EXCHANGE-RATE>                                      1
<CASH>                                          72,241
<SECURITIES>                                 4,251,154
<RECEIVABLES>                               11,332,050
<ALLOWANCES>                                   106,000
<INVENTORY>                                  1,560,226
<CURRENT-ASSETS>                            30,080,484
<PP&E>                                      65,657,679
<DEPRECIATION>                              24,040,797
<TOTAL-ASSETS>                             100,034,363
<CURRENT-LIABILITIES>                       14,634,688
<BONDS>                                     83,631,787
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  4,577,000
<COMMON>                                         5,000
<OTHER-SE>                                   9,185,886
<TOTAL-LIABILITY-AND-EQUITY>               100,034,363
<SALES>                                      6,210,483
<TOTAL-REVENUES>                            22,687,686
<CGS>                                        1,745,007
<TOTAL-COSTS>                               18,629,187
<OTHER-EXPENSES>                              (821,864)
<LOSS-PROVISION>                                35,000
<INTEREST-EXPENSE>                           2,385,938
<INCOME-PRETAX>                              2,494,425
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          2,494,425
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,430,348
<EPS-PRIMARY>                                   486.07
<EPS-DILUTED>                                   486.07