<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GOLF HOSTS RESORTS, INC. FOR THE SIX MONTHS ENDED JUNE
30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<EXCHANGE-RATE>                                      1
<CASH>                                       1,011,057
<SECURITIES>                                12,444,443
<RECEIVABLES>                                6,159,671
<ALLOWANCES>                                  (136,041)
<INVENTORY>                                  1,600,906
<CURRENT-ASSETS>                            27,270,138
<PP&E>                                      66,733,320
<DEPRECIATION>                             (24,352,528)
<TOTAL-ASSETS>                              97,659,583
<CURRENT-LIABILITIES>                       13,032,819
<BONDS>                                     83,523,707
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  4,577,000
<COMMON>                                         5,000
<OTHER-SE>                                  (9,561,374)
<TOTAL-LIABILITY-AND-EQUITY>                97,659,583
<SALES>                                     11,459,159
<TOTAL-REVENUES>                            38,804,056
<CGS>                                        3,121,665
<TOTAL-COSTS>                               32,656,385
<OTHER-EXPENSES>                              (794,837)
<LOSS-PROVISION>                                65,000
<INTEREST-EXPENSE>                           4,759,494
<INCOME-PRETAX>                              2,183,014
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          2,183,014
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,054,860
<EPS-BASIC>                                     410.97
<EPS-DILUTED>                                   410.97